homebusiness Newscompanies NewsAmi Organics is a net debt free company, says managing director

Ami Organics is a net debt-free company, says managing director

In an interview with CNBC-TV18, Naresh Patel, Executive Chairman and MD of Ami Organics, said that the company is net debt-free and can raise funds via debt.

By Sonia Shenoy   | Nigel D'Souza   | Prashant Nair  May 15, 2023 3:31:46 PM IST (Published)

2 Min Read
As a net debt-free company, Ami Organics has the flexibility to raise funds through debt if required. With a consistent growth rate of 20-25 percent, the company aims to further expand its market presence domestically and internationally. By focusing on balanced market development and margin improvement, Ami Organics demonstrates its commitment to long-term success in the chemical industry, its top officil said.
In an interview with CNBC-TV18, Naresh Patel, Executive Chairman and MD of Ami Organics, said that the company is net debt-free and can raise funds via debt.
He said, “Currently we are a net debt-zero company, so we can easily raise funds based on the orders.”