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Indo Borax & Chemicals gets nod to invest surplus fund in residential property at Mumbai

13 Mar 2020 Evaluate

Indo Borax & Chemicals has received approval to invest surplus fund around Rs 42 crore in residential property at Mumbai. The Board of Director of the company at their meeting held on March 12, 2020 approved the same.

Indo Borax & Chemicals operates a most modern Boric Acid and Borax. The plant also enjoys the approval of Food and Drug Administration for manufacturing pharmaceutical grade of Boric Acid.

Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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