MoneyWorks4Me

Astec Lifesciences raises Rs 49 crore through NCDs

23 Aug 2023 Evaluate

Astec Lifesciences has raised Rs 49 crore through the allotment of 4,900 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) having a face value of Rs 1,00,000 each, to an eligible investor. The Managing Committee of the Board of Directors of the Company at their meeting held on August 22, 2023, has allotted the same. 

Astec Lifesciences manufactures a wide range of agrochemicals and pharmaceutical intermediates.


Peers
Company Name CMP
UPL 533.50
PI Industries 2188.80
Bayer CropScience 3640.30
Sharda Cropchem 725.05
Sumitomo Chem. India 404.75
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