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DCW gets nod to raise funds up to Rs 80 crore

23 May 2018 Evaluate

DCW has received an approval for raising of funds by way of issue of shares to the existing equity shareholders of the company on a rights basis aggregating up to Rs 80 crore (Rights Issue). The Board of Directors of the company at their meeting held on May 22, 2018, approved the same.

DCW is an industry pioneer with a strong presence in the Chlor-Alkali, Synthetic Rutile and PVC business segments, with a successful record of innovation and in pioneering new products and processes.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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