Udaipur Cement Works has received approval from its board to raise funds upto Rs 200 crore by way of issue of Non-Convertible Debentures (NCDs). The company has also received approval for Project at a Capital outlay of Rs 37.50 crore at company's Plant for captive use.
The meeting of the Board of Directors of the company held on June 30, 2018, approved the same.
Udaipur Cement Works is engaged in the business of manufacture and sale of cement.