Avadh Sugar & Energy has received its board’s approval to raise Rs 300 crore through public or private placement included but limited to Preferential Issue / QIP / FCCBs / FECBs / ADRs / GDRs / FCDs / NCDs / PCDs / OCDs / CP or any other debt securities or any equity linked instrument etc. The company’s board gave approval for the same at its meeting held on November 6, 2017.