SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindustan Organic Chemicals reply to clarification sought by the exchange

15 Sep 2015 Evaluate

The Exchange had sought clarification from Hindustan Organic Chemicals with respect to news article appearing in The Economic Times on September 11, 2015 titled ‘Hindustan Organic Bonds Downgraded to Junk’. Hindustan Organic Chemicals replied stating that on 10-09-2015, the respective payments of Annual Interest payments were already made to the Bond holders of HOCL Bonds u/Sr. XX, by transferring on 10-9-2015 their respective amounts of Annual Interest to their respective Bank Accounts and the same facts were already informed to the Rating Agency, CARE, and CARE will be revisiting the same and doing the needful updations thereof according to their review criteria &policies thereof. Further, you may also kindly note that, having paid off the Annual Interest on HOCL Bonds Sr.XX, on 10-09-2015, they have already approached the HOCL Bonds Trustees, viz. SBI CAP Trustee Co. Ltd. to withdraw their Guarantee Invocation letter dated 20-08-2015 issued to the GOI in this context.

The above information is a part of company’s filings submitted to BSE.

Hind Organic Chem Share Price

34.46 -0.88 (-2.49%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 4035.90
Tata Chemicals 782.10
SRF 2780.75
Pidilite Inds. 1476.15
Deepak Nitrite 1875.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×