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Home STOCKS Arvind Ltd plans to elevate Rs 150 crore from market

Arvind Ltd plans to elevate Rs 150 crore from market

NEW DELHI: Leading textile player Arvind Ltd on Friday stated the business programs to raise Rs 150 crore by market.
The firm’s board, which is meeting on Saturday (June 27) to take into consideration monetary results for the quarter and year ended March 2020, would also take into consideration options for fundraising, stated Arvind in a regulatory filing.
“The board will also look at the matter about fundraising options readily available to the firm by way of issue of non-convertible debentures up to Rs 150 crore on a private placement basis subject matter to acceptance of shareholders,” the company claimed.

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