Money Talk

Chemplast Sanmar files Rs 3,500-crore IPO papers

Chemplast Sanmar files Rs 3,500-crore IPO papers The company said it would utilise an aggregate amount of Rs 1,238.25 crore from the net proceeds towards early redemption of the non-convertible debentures (NCDs) issued by it. In addition, funds will also be used for general corporate purposes.

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