NCMSL plans expansion , to raise Rs.202 Cr from banks

Warehousing services and supply chain management solutions provider, National Collateral Management Services Limited (NCMSL) today said it is raising a project debt of Rs 202.57 crore from a consortium of four banks led by Yes Bank.

The company offers modern, scientific and IT enabled storage and preservation services with focus on agri commodities.

The company plan to deploy these funds over the next two years to create our own network of warehouses in over 40 locations across the country.