Business Standard

Raymond hikes stake in Raymond Luxury Cottons

Image

Capital Market

Invest Rs 61.68 crore

Raymond has infused Rs. 61.68 crore (6,16,80,000 equity shares of Rs.10/- each) in Raymond Luxury Cottons (RLCL) by subscribing to the further issue of equity shares.

RLCL has allotted the equity shares and the investment of Raymond in the equity share capital of RLCL now stands at Rs. 127.68 crore constituting 75.69% of the equity capital.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 17 2015 | 4:47 PM IST

Explore News