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Plastiblends India to raise funds up to Rs 100 crore

01 Feb 2018 Evaluate

Plastiblends India has received an approval to raise funds not exceeding Rs 100 crore by way of QIP/GDR/ADR/FCCB/other securities linked to equity / preference shares / any instrument or securities. The Board of Directors of the company at its meeting held on January 30, 2018, approved the same.

Plastiblends India is India’s largest manufacturer and exporter of masterbatches and additive compounds for the plastic processing industry.

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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