Home / Knowledge / News / Textiles / Arvind to consider raising Rs 500 cr through NCDs
Arvind to consider raising Rs 500 cr through NCDs
10
May '16
Courtesy: Arvind Limited
Courtesy: Arvind Limited
Textiles conglomerate Arvind Ltd will consider raising up to Rs 500 crore by issuing non-convertible debentures (NCDs).
 
“A meeting of the Board of Directors of the company will be held on May 12, 2016, inter alia to consider the matter regarding fund raising options available to the company by way of issue of NCDs up to Rs 500 crore on a private placement basis subject to approval of shareholders,” Arivnd Ltd said in a regulatory filing to the BSE.
 
The Ahmedabad head quartered company manufactures cotton shirting, denim and knit fabrics. It is one of the largest producers and exporters of denim, both within India and globally. The company has also ventured in to technical textiles through its Advanced Materials Division.
 
Arvind also produces garments under brands such as Flying Machine, Colt and Excalibur. It also has retail brands such as Megamart, Next and Club America. Further, it sells products of several well-known global brands including Arrow, Elle and US Polo Assn. (RKS)
 

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Marcel Alberts
Eurofibers

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

Yash P. Kotak
Bombay Hemp Company

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search