PROJECT

Projects

Summary of Investment Information

Project Number

34335

Company Name

LUCID COLLOIDS LIMITED

Date SPI Disclosed

Apr 9, 2014

Country

India

Region

South Asia

Projected Board Date

May 15, 2014

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Regional Industry - MAS Asia & Pac

Industry

Agribusiness and Forestry

Previous Events

Approved : Jul 7, 2014
Signed : Aug 7, 2014
Invested : Sep 26, 2014

Sector

Grain Processing (Milling, Starch, Flour, Malt)

Project Description

Lucid Colloids Limited (“LCL” or the “Company”) plans to raise up to US$30 million from IFC through a combination of equity and long term debt. This is a corporate financing with proceeds expected to be utilized to fund the Company’s growth plans and working capital requirements.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation