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Arvind planning to raise Rs 200 crore through NCDs

24 May 2021 Evaluate

Arvind is planning to raise up to Rs 200 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The company's board will consider a proposal to raise funds in a meeting on May 26, 2021.

Arvind is India’s largest integrated textile player and is one of the oldest and most respected groups in the Textile Business in India. The company is also one of the largest producers of denim fabrics and is supplier to a large number of fashion brands in the world.

Peers
Company Name CMP
Vardhman Textiles 551.05
Welspun Living 218.90
Arvind 535.35
Raymond Lifestyle 652.80
K.P.R. Mill 1130.50
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