Raymond allots NCDs worth Rs 200 crore

11 Feb 2021

Raymond has allotted 2000, 9% Secured Listed Rated Redeemable Non-Convertible Debentures (NCDs) (Series P) of Face Value Rs. 10,00,000 each at par, aggregating to Rs 200 crore on Private Placement basis. The debentures are proposed to be listed on the Wholesale Debt Market segment of the National Stock Exchange of India.

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.

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