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Aditya Birla Fashion gets shareholders' nod to raise up to Rs 1,250 cr via NCDs

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Press Trust of India New Delhi

Aditya Birla Fashion and Retail today said it has received shareholders' approval to raise up to Rs 1,250 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

The resolution was passed with 99.89 per cent of votes polled, Aditya Birla Fashion and Retail Ltd (ABFRL) said in a BSE filing today.

Shares of Aditya Birla Fashion and Retail toady closed at Rs 201.20 per scrip on BSE, down 2.47 per cent from its previous close.

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First Published: Aug 29 2018 | 8:40 PM IST

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