Textile and apparel maker Raymond is planning to raise Rs 150 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The Committee of Board of Directors of the Company in their meeting, scheduled to be held on April 19, 2017, will consider the same.
Raymond is one of India’s largest branded fabric and fashion retailers. It is one of the leading, integrated producers of suiting fabric in the world.