DCW is planning to raise funds worth Rs 400 crore, through issuance of debentures. The Board of Directors of the Company at its meeting to be held on March 29, 2019 to consider the same.
The company is also to seek approval from its board to raise funds aggregate to Rs 80 crore through issuance of warrants/equity shares on preferential basis to the Promoters, Promoter Group, Business Associates and Investors.
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.
