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Kesoram repays outstanding debt of Rs 285 crore

01 Feb 2022 Evaluate

Kesoram Industries has repaid Rs 285 crore of its outstanding debt. The remaining outstanding debt is Rs 1,708 crore. The company had earlier repaid Rs 55 crore. The company had raised Rs 399 crore through a rights offer.

Kesoram Industries is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes.

Peers
Company Name CMP
Vardhman Textiles 554.80
Welspun Living 216.10
Arvind 538.25
Raymond Lifestyle 646.80
K.P.R. Mill 1120.70
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