Raj Rayon Industries has received an approval for issuance of Non Convertible - Non Cumulative Redeemable Preference Shares of the face value of Rs 10 each at a premium of Rs 20 each on preferential basis, for an amount up to Rs 42.00 crore. The board at its meeting held on January 03, 2013 has approved the same.
Raj Rayon Industries, a public limited company and one of the leading manufacturers of polyester yarn in India with product range including polyester texturised yarn, partially oriented yarn and fully drawn yarn , backed by high technology plants located at Silvassa in the Union Territory of Dadra & Nagar Haveli, India.
