RSWM has received an approval for issuance of Secured Redeemable Non-Convertible Debentures (NCDs) up to Rs 150 crore, on a private placement basis in such tranches/ series and at such coupon rates as may be approved by the Directors from time to time. The board of directors at its meeting held on August 30, 2017 has approved for the same.
RSWM is engaged in the manufacturing, spinning, weaving and processing of manmade textile fabrics. The company is also engaged in cotton spinning and weaving.
