MoneyWorks4Me

Anil gets nod to raise funds up to Rs 100 crore through NCDs

22 Dec 2011 Evaluate

Anil has received an approval to raise funds up to Rs 100 crore by issue of secured redeemable non-convertible debentures (NCDs) on a private placement basis. The board at its meeting held on December 21, 2011 has approved for the same.

Anil is one of the oldest and largest Corn Wet Milling (CWM) unit in India, producing a varied range of starches from basic maize starch to modified and specialty starches and related downstream products like dextrose monohydrate, anhydrous dextrose, corn syrup, sorbitol, amongst many others.

Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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