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.
