Tag: GHCL

GHCL signs MOU to invest Rs 500 crores in Tamil Nadu

GHCL Limited, a chemical & textile company, signs a MoU (Memorandum of Understanding) with the Government of Tamil Nadu for investing Rs 500 crores in the state. The MoU was signed by M. Sivabalasubramanian, CEO (Yarn Division) GHCL and Pooja Kulkarni IAS, MD & CEO, Guidance, Industries Department, Government of Tamil Nadu in the presence…

GHCL’s demerger gets a nod from Shareholders and Creditors

GHCL, India’s leading Chemical & Textile Company, announced that the secured creditors have approved the scheme of demerger of GHCL’s Inorganic Chemicals and Textile businesses. The shareholders and unsecured creditors had already approved the scheme of demerger in a meeting held in April earlier this year. With this the Company will now approach the honorable…