Avon Corporation has received an approval to raise funds to the tune of Rs 175 crore through public issue of secured non-convertible debentures. The board at its meeting held on February 13, 2012 has approved for the same.
The company is a manufacturer of weighing scales under the ‘Avon’ brand such as - mechanical scale, stylish digital glass scale, wooden scale, wireless digital glass scale, digital super slim scale, digital body fat scale, digital BMI scale, digital body analysis scale, ultra slim body fat scale, digital kitchen scales, digital baby scales, high resolution platform scales, ultra low profile platform scales, weighbridges and auto-vibrator feeder system with SQC.
