ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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In the Capital Market

GRASIM INDUSTRIES (formerly Gwalior Rayon) proposes to issue 92,85,714 12.5 per cent secured, redeemable, partly convertible debentures of Rs 70 each at par aggregating Rs 65 crore to finance in part the expansion of it s cement plant at Jawad (Madhya Pradesh) from one million tonnes to two million tonnes based on dry-process technology at a capital outlay of Rs 145 crore.

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