India Glycols has received approval to raise funds not exceeding Rs 250 crore or its equivalent in any other currency, by way of issuance of securities including through public offering/ private placement/ qualified institutional placement or otherwise. The Board of Directors of the Company at its meeting held on May 21, 2019 has approved the same.
India Glycols is engaged in the business of manufacturing glycols, ethoxylates and PEGs, performance chemicals, glycol ether and acetates, guar gum and potable alcohol.
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