Tag: OCD and NCD

DCW raises INR 410 Crore through OCD and NCD

 DCW Limited, a specialty chemical company, has completed the refinancing of its debt with the issuance of  NCDs (Non-Convertible Debentures) amounting INR 350 crores and  OCDs (Optionally Convertible Debentures) to be converted into equity within 18 months, amounting INR 60 crores. DCW will utilise the funds in refinancing the existing term loans and augment working…