Raj Rayon Industries is planning to raise funds by way of equity shares or other securities through qualified institutions placement or any other method as may be permitted under applicable law, subject to such regulatory/statutory approvals as may be required including shareholders’ approval, if applicable. The Board of Directors of the Company in their meeting scheduled to be held on August 12, 2022 inter alia to consider the same.
Raj Rayon industries (RRIL) is one of the leading manufacturers of Polyester Yarn in India with product range including Polyester Texturised Yarn (PTY), Partially Oriented Yarn (POY) and Fully Drawn Yarn (FDY) backed by high technology plants located at Silvassa in the Union Territory of Dadra & Nagar Haveli, India.
