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20 Microns gets nod for restructuring of various financial facilities

24 Mar 2015 Evaluate

20 Microns has received an approval for restructuring of various financial facilities by IDBI Bank and execution of documents with Consortium Banks for the same. The board of directors at their meeting held on March 23, 2015 has approved for the same.

20 Microns is the largest producer of white minerals in India. The company manufactures specialized products for various companies such as cosmetics, cement, textile and household products. The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper.


Peers
Company Name CMP
Coal India 411.85
NMDC 79.70
Ashapura Minechem 525.80
Sandur Manganese 185.45
GMDC 556.60
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