Chemplast Sanmar has redeemed, on August 31, 2021, the entire outstanding Non-convertible debentures (NCDs) that were issued in December 2019 by the company. The redemption of these NCDs amounting to Rs 1238.25 crore, which was part of the Objects of the primary issue, was made using the net proceeds of fresh issue of equity shares of the company (IPO) made in August 2021.
Chemplast Sanmar (CSL) is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors.
