Board of NACL Industries approves raising of funds up to Rs. 300 Crores

Board of NACL Industries approves raising of funds up to Rs. 300 Crores

BUSINESS STANDARD
January 6, 2018

The Board of NACL 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.