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Vardhman Textiles raises Rs 195 crore through NCDs

01 Jun 2020 Evaluate

Vardhman Textiles has raised Rs 195 crore through secured, Rated, Listed, Redeemable Non Convertible Debentures (NCDs) and allotted 1950 NCDs having face value of Rs 10,00,000 each to ICICI Securities Primary Dealership. The Committee of Directors of the Company, at its meeting held on June 01, 2020, has allotted and approved the same.

Vardhman Textiles manufactures wide range of yarn such as Grey Cotton, Grey Acrylic, Crayons, Hank Dyed Acrylic, Vardhman Knitting, Gassed Mercerised Cotton and many more.

Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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