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Arvind Ltd, the textiles to retail conglomerate is aiming to raise up to Rs 500 crore through issuing non-convertible debentures on a private placement basis.
The company’s Board will be considering the proposal in its meeting on May 12.
The company has said in a regulatory filing that the Board will “consider the matter regarding fund raising options available to the Company by way of issue of non-convertible debentures up to Rs 500 crore on a private placement basis subject to approval of shareholders”.
