Sudarshan Chemical Industries announces listing of NCDs amounting to Rs99 crore; Stock climbs 1%

22 Jul 2022 , 02:45 PM

Sudarshan Chemical Industries Ltd informed to the exchanges regarding listing of Non-Convertible Debentures amounting to Rs99 crore issued on Private Placement Basis.

Earlier the company informed about approval of the Finance Committee of the Board of Directors for issuance of 99 unsecured, Rated, Listed, Taxable, Redeemable, Non-Convertible Debentures with a Face Value Rs10 lakh each on private placement basis, further it is informed that the aforesaid Non-Convertible Debentures have now been listed on the Wholesale Debt Market Segment of BSE Limited, the company said on Friday.

At around 2:45 PM, Sudarshan Chemical Industries was trading at Rs473.05 per share up by Rs6.45 or 1.38% from its previous closing of Rs466.60 per share on the BSE.