Raymond board approves raising Rs 200 crore though NCD

Raymond board approves raising Rs 200 crore though NCD

Textiles major Raymond’s board has approved raising upto Rs 200 crore through non-convertible debentures (NCDs) on a private placement basis. A meeting of the committee of board of directors of the company was held recently. The committee of directors at the said meeting have approved the issue of non-convertible debentures for an amount up to Rs 200 crore on private placement basis," Raymond informed in a regulatory filing.

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