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Transpek Industry gets nod for new project at estimated cost of Rs 120 crore

27 Feb 2020 Evaluate

Transpek Industry has received an approval for the new project to be undertaken by Transpek Creative Chemistry, the Wholly-Owned Subsidiary of the company, at an estimated cost of Rs 120 crore and part funding of the said project cost by the company by way of equity infusion of Rs 30 crore and a loan of Rs 30 crore. The Board of Directors of the company, at its meeting held on February 26, 2020, has considered and approved the same.

Transpek Industry is one of the leading manufacturers and exporters of a range of chemicals servicing the requirements of customers from a diverse range of industries - textiles, pharmaceuticals, agrochemicals, polymers, etc.

Peers
Company Name CMP
Godrej Industries 1084.35
SRF 2508.45
BASF India 3514.10
Pidilite Inds. 1505.40
Tata Chemicals 647.25
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