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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 528.25
Welspun Living 223.25
Arvind 509.15
Raymond Lifestyle 596.25
K.P.R. Mill 1054.45
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