About Devson Catalyst
Established in 2004 and based in Gujarat, Devson Catalyst manufactures industrial catalysts, adsorbents, and ceramic balls. These products are crucial for improving process efficiency and removing impurities in the oil & gas, petrochemical, steel, and fertilizer industries.
The company plans to utilize the net proceeds from the fresh issue to set up a new manufacturing unit, fund working capital requirements, and cover general corporate expenses.