The company has surrendered the bank facilities rated by us and there is no outstanding under the said facility as of date, CARE said.
Business Wire India Recognize, a technology investment platform that is singularly focused on the $2-trillion technology services industry, announced today that it has raised approximately $1.3 billion for its inaugural fund. With disruptive technologies driving enterprises to reimagine their operating models, Recognize seeks to partner with next-generation technology services firms to translate these innovations into business value. Recognize strives to be a first-of-its-kind platform, […]
Polychem rose 13.23% to Rs 802.55, extending gains for the sixth trading session.
The company's expansion was done to augment ethanol production, Government of India has fixed better prices of ethanol produced from C & B Heavy Molasses, Syrup and Cane Juice.
"In the past few quarters as company faced multiple headwinds, such an unprecedented surge in input costs, a continued shortage of few materials, supply chain constraints, higher freight costs, lower demand, etc. which led to aberration in the margins", commented S.N. Kabra
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