chemcon -results better then my expectations,shor term borrowing 63 cr, almost 63 cr ipo funds not utilized ,till now,CWIP 33 cr, temporary revocation of closure order .
Chemcon press release-
Expansion of P8 & P9 facilities has been completed and will be ready for a trial run from next week onwards. We expect these units to fully commercialize from Jan-22.
Expansion of P8 & P9 facilities has been completed and will be ready for a trial run from next week onwards. We expect these units to fully commercialize from Jan-22.
We are also delighted to announce that we have initiated the expansion of P10 unit at the same
location for other few pharma intermediate products. We are targeting this facility to come onstream by FY23.
location for other few pharma intermediate products. We are targeting this facility to come onstream by FY23.
Chemcon _- Bad results ( No production for 22 days in Dec) Dislosure - Invested
Chemcon Good Results-fixed asset from 65 to 81 cr,cwip 34 cr ,Cash bank balance and cash eq almost 225 cr ,long term debt almost nil,cfo 75 cr
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