SRF has received an approval to issue Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) aggregating up to Rs 300 crore on a Private Placement basis. The board of directors at their meeting held on June 28, 2017, has approved for 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.