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.