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GOCL Corporation gets nod for fund raising up to Rs 250 crore through NCDs

19 Mar 2021 Evaluate

GOCL Corporation has received approval from Board of Directors for fund raising up to Rs 250 crore by way of private placement of Unsecured Redeemable Non-Convertible Debentures (NCDs) to be issued in one or more tranches as may be decided by the Board of Directors or a Committee thereof from time to time. The Board of Directors of the Company, at its meeting held on March 18, 2021 has approved the same.

GOCL Corporation is engaged in manufacturing industrial explosives, mining products, lubricants, speciality oils and chemicals, active pharma ingredients (bulk drugs) and pharma formulations.

Peers
Company Name CMP
Godrej Industries 1099.35
SRF 2534.10
BASF India 3572.95
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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