MoneyWorks4Me

Sutlej Textiles gets nod to raise funds up to Rs 500 crore

09 May 2019 Evaluate

Sutlej Textiles & Industries has received an approval for raising funds not exceeding Rs 500 crore in one or more tranches by issue of securities like equity, debt, bonds, Non-Convertible Debentures, etc. The Board of directors of the company at its meeting held on May 9, 2019 has approved for the same.

Sutlej Textiles & Industries is one of the prominent manufacturers of cotton and cotton blended dyed and melange yarn in the country.

Peers