Board of NACL Industries approves raising of funds up to Rs 300 cr

Capital Market 

At meeting held on 02 January 2018

The Board of Industries at its meeting held on 02 January 2017 approved to raise funds to the tune of Rs 300 crore for meeting its growth plans. The company has worked out plans to grow in exports and in the domestic market through developing a pipeline of new products. It is also planning expansion for manufacture of intermediate and bio-products. The EGM of shareholders is scheduled for 03 February 2018.

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First Published: Sat, January 06 2018. 11:59 IST