Breaking News

You are here » Indian-Commodity  :  Corporate  :  Indo Amines to raise Term Loan of Rs 6.8 crore for Baroda Capex project

06-Aug2016

Indo Amines to raise Term Loan of Rs 6.8 crore for Baroda Capex project

Indo Amines has received an approval to raise Term Loan of Rs 6.8 crore for Baroda Capex project. The board of director at its meeting held on August 05, 2016 has approved for the same.

In July, the company had acquired 100% stake in Classic Oil pursuant to which Classic Oil had became wholly owned subsidiary of the company.

Indo Amines manufactures various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes. 



Related News

View all news

Havells India to double R&D spending in couple of years: Report

Havells India is reportedly planning to transform itself into a technology-driven company by doubling its R&D spending in the next couple of years. The company is working on establishing a state-of-the-art......

Bharti Airtel enters into strategic alliance with ZEEL

Bharti Airtel has entered into a strategic alliance with Zee Entertainment Enterprises (ZEEL) to drive entertainment content on mobile phones. As part of the deal, Airtel and ZEEL will work closely to......

Mahindra Finance raises Rs 100 crore via NCDs

Mahindra & Mahindra Financial Services' (Mahindra Finance) board has approved the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at premium,......

Top News

View all news

Mahindra Finance raises Rs 100 crore via NCDs

Mahindra & Mahindra Financial Services' (Mahindra Finance) board has approved the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000 each, at premium,......

SCI delivers 'Nanga Parbat' LPG carrier to its buyer

Shipping Corporation of India (SCI) has given physical delivery of its one LPG carrier 'Nanga Parbat', to its buyer on 'as is where is' basis.The company, had given physical delivery of its one passenger......

Eicher Motors, VECV developing new range of electric vehicles for public transportation

Eicher Motors and VE Commercial Vehicles (VECV), a joint venture of Volvo Group India is developing a new line of products, including a complete range of electric vehicles for public transportation. The......