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SRF plans to raise Rs 300 crore

22 Jun 2017 Evaluate

SRF is planning to raise Rs 300 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The board of directors will meet on June 28, 2017, to consider the same.

SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.

Peers
Company Name CMP
Godrej Industries 929.55
SRF 2354.95
BASF India 3165.45
Pidilite Inds. 1421.40
Tata Chemicals 602.60
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