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Hindustan Organic Chemicals informs about disclosure

22 Mar 2025 Evaluate

Hindustan Organic Chemicals has informed, Ministry of Chemicals & Fertilizers, Government of India vide Order No.1600/9/2024-IFD dated 21.03.2025 received by them on 21st March, 2025 late evening informed that the Parliament has approved waiving off of Government of India dues of HOCL (the company) amounting to Rs 1,351.38 crores as on 30.09.2024. The Supplementary Grant for the Department has been approved on the basis of DoE’s OM dated 27.11.2024 conveying the approval of Hon’ble Finance Minister for the waiver of GoI dues of HOCL. The Government of India dues comprise of GoI loan, Interest on GoI loan, Preference shares, Interest /penalty of preference shares, penal interest on GoI loan. As the write off of GoI dues of HOCL will have a positive impact on the financials of HOCL, the intimation is submitted to BSE.

The above information is a part of company’s filings submitted to BSE.

Hind Organic Chem Share Price

33.30 -0.04 (-0.12%)
06-May-2026 12:50 View Price Chart
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