Home / Knowledge / News / Apparel/Garments / Bombay Rayon Fashions to raise Rs 333 cr
Bombay Rayon Fashions to raise Rs 333 cr
Mar '09
Bombay Rayon Fashions Ltd has informed that the Board of Directors of the Company at its meeting held on March 24, 2009,
inter alia, has considered and approved the following:

1. Issue of 1,80,00,000 Equity Shares of Rs 10/- each fully paid up representing 20.67% of the enhanced Equity Capital on preferential allotment basis to AAA United B.V., a private limited liability Company constituted under the laws of The Netherlands for cash at a premium of Rs 175 per Equity Share aggregating Rs 333,00,00,000 (Rupees Three Hundred Thirty Three Crores only). The Proposed issue is to be augment working capital requirements, finance / acquisition for new projects & businesses and other Corporate purposes. The aforesaid proposed issue of Equity Shares shall be in accordance with the SEBI Guidelines for Preferential Issues.

2. Aggregate Investments limits by FIIs / Sub-accounts in the Company shall be 26% of the total paid up Equity Capital of the Company.

3. Draft Notice convening Extra-Ordinary General Meeting.

Bombay Rayon Fashions Ltd

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search