Hot Pursuit     15-Jan-24
PCBL board OKs raising Rs 700 cr via NCDs
PCBL said that its fund raising committee has approved to raise Rs 700 crore by way of non-convertible debentures (NCDs) on private placement basis.
The company will issue rated, listed, secured, redeemable, NCDs on a private placement basis with interest rate of 8.75% for 5 years.

The said debentures will be listed on the Bombay Stock Exchange.

PCBL (formerly Phillips Carbon Black), a part of RP-Sanjiv Goenka Group, is India's largest carbon black producer and exporter.

The company’s consolidated net profit rose 5.4% to Rs 122.64 crore despite of 8.7% decline in net sales to Rs 1,486.71 crore in Q2 FY24 over Q2 FY23.

The scrip rose 0.90% to Rs 268.35 on the BSE.

Previous News
  PCBL fixes record date for interim dividend
 ( Market Beat - Reports 15-Jan-24   14:30 )
  PCBL to table results
 ( Corporate News - 17-Jan-23   10:42 )
  PCBL to announce Quarterly Result
 ( Corporate News - 06-Jan-24   11:20 )
  Board of PCBL recommends Interim Dividend
 ( Corporate News - 16-Jan-24   09:53 )
  Phillips Carbon Black consolidated net profit rises 79.05% in the December 2020 quarter
 ( Results - Announcements 20-Jan-21   17:19 )
  PCBL hits life high as Q3 PAT spurts 52% YoY to Rs 148 cr
 ( Hot Pursuit - 15-Jan-24   15:35 )
  PCBL consolidated net profit rises 52.40% in the December 2023 quarter
 ( Results - Announcements 15-Jan-24   15:08 )
  Phillips Carbon Black incorporates a wholly owned subsidiary, PCBL (TN)
 ( Corporate News - 12-Oct-20   18:31 )
  Phillips Carbon Black fixes record date for interim dividend
 ( Market Beat - Reports 16-Jan-19   14:33 )
  Phillips Carbon Black standalone net profit rises 91.87% in the December 2018 quarter
 ( Results - Announcements 16-Jan-19   17:15 )
  PCBL commissions its greenfield project with added capacity of 1.47 lakh MTPA
 ( Corporate News - 12-Sep-23   11:22 )
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