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Arvind Ltd raises Rs 100 cr via NCDs

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Press Trust of India New Delhi
Last Updated : Sep 29 2017 | 4:42 PM IST
Textiles-to-retail conglomerate Arvind Ltd today said it has raised Rs 100 crore through issuance of non-convertible debentures on private placement basis.
"The company has raised Rs 100 crore by allotment of 7.79 per cent - 1,000 unsecured, listed, rated, redeemable non- convertible debentures of face vale of Rs 10 lakh each on private placement basis," Arvind said in a regulatory filing.
Arvind Ltd however did not inform about the end use of the funds.
The company's scrip closed at Rs 370.65, up 0.50 per cent from its previous close on BSE.

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First Published: Sep 29 2017 | 4:42 PM IST

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