Deepak Fertilisers and Petrochemicals Corporation’s (DFPCL) wholly owned subsidiary -- Performance Chemiserve (Issuer) has raised Rs 900 crore by issue and allotment of rated, listed, unsecured, redeemable non-convertible debentures (NCDs) on private placement basis to qualified institutional buyers. The payment obligation under aforesaid NCDs is guaranteed by way of Corporate Guarantee of the Company pursuant to Deed of Corporate Guarantee dated June 05, 2023 executed by the Company and the Issuer with the Trustee.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.
