MoneyWorks4Me

Raymond gets nod to raise up to Rs 150 crore through NCDs

19 Apr 2017 Evaluate

Raymond, textile and apparel maker has received an approval to issue Non-Convertible Debentures (NCDs) aggregating up to an amount of Rs 150 crore on private placement basis. The Committee of Board of Directors of the company at its meeting held on April 19, 2017, has approved for 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.



Peers
Company Name CMP
Bharat Heavy Elect. 427.60
Thermax 3231.40
Kirloskar Industries 3466.45
Skipper 539.95
INDO-MIM 1318.45
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