Arvind, textiles to retail conglomerate, is eyeing to raise up to Rs 500 crore through issuance of non-convertible debentures (NCDs) on a private placement basis. The board of the company will consider the proposal in its meeting on May 12.
Arvind is India's largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.
