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Century Textiles & Industries planning to raise up to Rs 400 crore through NCDs

19 May 2023 Evaluate

Century Textiles & Industries is planning to raise funds up to Rs 400 crore in one or more tranches by issue of Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) of the Company on private placement basis, subject to such statutory and regulatory approvals as may be necessary under applicable law and within the borrowing limits approved by the shareholders. The meeting of the Board of Directors of the Company is scheduled on May 23, 2023 to consider and approve the same. 

Century Textiles & Industries is principally engaged in manufacturing of Textiles, Cement, Pulp and Paper and Real estate.

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