Raymond has raised Rs 100 crore through Secured Listed Rated Redeemable Non-Convertible Debentures (NCDs) and allotted 1000, 7.6% NCDs having face value of Rs 10,00,000 each at par, on Private Placement basis. Date of Maturity of said NCDs will be December 26, 2024. 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.