Arvind Fashions is planning to raise funds through Rights Issue, preferential issue or other permissible mode as the Board of Directors may determine to be in the best interest of the Company, subject to requisite approvals from the statutory, regulatory and other authorities. The meeting of the Board of Directors of the Company scheduled to be held on February 3, 2021 to consider the same.
Arvind Fashions, the Lalbhai Group's fastest-growing retail arm that was carved out in recent restructuring.