Welspun India has informed that the Board of Directors at its meeting held today, February 23, 2022, have approved raising of funds, by way of private placement, up to Rs 500 Crore, by issuing non-convertible debentures (NCDs) or Commercial Papers, subject to approval of the shareholders under Sections 42 and 71 of the Companies Act, 2013.
The above information is a part of company’s filings submitted to BSE.