MoneyWorks4Me

Shree Ram Urban gets nod for fund raising plans

22 Oct 2013 Evaluate

Shree Ram Urban Infrastructure has received its board's approval for issue/allotment of secured, redeemable, non-convertible debentures up to Rs 400 crore in tranches on private placement basis. Further, a committee has been formed under the chairmanship of Independent Director authorized to issue/allot the secured, Redeemable, non-convertible debentures up to Rs 400 crores on private placement basis, including all the terms and conditions, as may be decided by the committee from time to time.

Shree Ram Urban Infrastructure was incorporated in the year 1980 and got its present name on September 28, 2006. It is a real estate and infrastructure company and has textile trading activities.

Peers
Company Name CMP
Vardhman Textiles 536.45
Welspun Living 235.85
Arvind 529.75
Raymond Lifestyle 624.95
K.P.R. Mill 1100.90
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