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GHCL issues commercial paper worth Rs 25 crore

22 Oct 2019 Evaluate

GHCL has placed the Commercial Paper (CP) amounting to Rs 25 crore on October 22, 2019, having maturity on January 20, 2020. The said CP is a part of Rs 100 crore limit as approved by the Board of Directors in their meeting held on January 21, 2019 and shall be part of the existing working capital limit.

GHCL is a leading producer of synthetic soda ash in India with an installed capacity of 8.5 lakh tonnes Per Annum (TPA) located in Gujarat. Over the years, it has diversified into yarn and home textile products.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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