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Anupam Rasayan to install solar power plant by investing Rs 43 crore

04 May 2021 Evaluate

Anupam Rasayan has received Letter of Intent (LoI) to install solar power plant by investing Rs 43 crore. The entire capital expenditure of Rs 43 crore will be funded from the company’s recently concluded IPO proceeds. The size of the plant will be 12.50 MW and will cater to the energy requirement of Anupam Rasayan’s unit.

Anupam Rasayan India is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India.

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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