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Rupa & Company to raise Rs 180 cr via commercial papers

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Press Trust of India New Delhi
Knitwear brand Rupa and Company today said its plans to raise up to Rs 180 crore from issuance of commercial papers.

In a BSE filing, Rupa & Company said: "The Board of Directors of the company at their meting held on March 11...Approved borrowing by issuance of commercial papers up to a sum of Rs 180 crore."

The company did not elaborate on end use of funds.

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First Published: Mar 12 2016 | 4:42 PM IST

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