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Jyothy Laboratories gets nod to raise Rs 500 crore

16 May 2018 Evaluate

Jyothy Laboratories’ board has approved raising of funds to the tune of Rs 500 crore through issuance of Debentures on private placement basis subject to approval of the shareholders of the company. The board of directors of the company at its meeting held on May 16, 2018 has approved for the same.

Jyothy Laboratories manufactures and distributes household products. The Company is engaged in manufacturing and marketing of fabric whiteners, soaps, detergents, mosquito coils and incense sticks. 


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