Indo Rama Synthetics (India) has received an approval for issuance of secured redeemable Non-Convertible Debentures (NCDs) to the investors other than Promoters by way of Preferential Issue on private placement basis, amounting up to Rs 16.67 crore. The Board of directors of the company at its meeting held on May 11, 2018 has approved for the same.
Indo Rama Synthetics (India) has focused business activities in the field of Textiles, Polyesters and Industrial Chemicals.