Camlin Fine Sciences Limited — QIP/Rights/Pref., 05-12-2024: Allotment of Securities

Camlin Fine Sciences has approved the allotment of 10,000 non-convertible debentures (NCDs) on a private placement basis, each with a face value of ₹1,00,000, raising a total of ₹100 crore. These senior, secured, redeemable, unlisted, and unrated NCDs will provide the company with funds, although specific utilization details were not disclosed. The move indicates positive steps taken by the company to enhance its capital structure and operational flexibility.