MoneyWorks4Me

Raymond gets nod to raise up to Rs 200 crore via NCDs

21 Jan 2021 Evaluate

Raymond has received an approval for raising up to Rs 200 crore through non-convertible debentures (NCDs) on a private placement basis. The board of the company has approved 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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