Bodal Chemicals has received an approval in the meeting of CDR Empowered Group (EG) for restructuring or debts of the company under Corporate Debt Restructuring (CDR) mechanism. The company has received letter of approval (LOA) dated December 17, 2012, from CDR cell on December 28, 2012. The company is in process to implement restructuring package as approved by CDR EG.
Bodal is one of the fastest growing company in dyes and dye intermediaries industry. It has its manufacturing facility at Ankleshwar, GIDC, Ahmedabad, Vapi and Vadodara. The S.S.P plant was started in the year 2008 at a cost of Rs 31 crore to manufacture sulfuric acid dyes and dyes intermediaries at Padra in Vadodara with production capacity of 14 lakh MTPA.
Company Name | CMP |
---|---|
Sudarshan Chemicals | 735.40 |
Bodal Chemicals | 77.25 |
Shree Pushkar Chem | 172.75 |
Kiri Industries | 359.85 |
Bhageria Industries | 171.25 |
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