Jubilant Industries has received its shareholders approval to raise upto Rs 500 crore and also to create mortgage/charge on the company’s assets up to a maximum of Rs 1,000 crore. The company’s shareholders have given approval for the same on September 8, 2014, through a postal ballot.
Jubilant Industries is the flagship Company of Agri and Performance Polymers business of the Jubilant Bhartia group. The Company’s diversified portfolio includes a wide range of Crop Nutrition, Crop Growth and Crop protection Agri products and Performance Polymers products comprising consumer products like adhesives, wood finishes; food polymers and latex such as Vinyl Pyridine, SBR and NBR latex.
