Home / Knowledge / News / Textiles / Kiri to raise Rs 3 billion to retire high cost debt
Kiri to raise Rs 3 billion to retire high cost debt
Jan '12
Kiri Industries Ltd has informed that a Meeting of the Board of Directors of the Company will be held on January 09, 2012, to consider and approve alongwith other business to raise fund upto Rs. 300.00 crores by way of QIPs/FCCBs/GDRs/Preferential Allotment of Equity or domestic convertible bonds and/or non-convertible debentures with warrants.

For the purpose of reducing the cost of funds of the Company by replacing higher cost debt with lower cost funds, and to strengthen capital base of Company and for general corporate purposes.

Kiri Industries Limited (KIL), fully integrated manufacturer of Dyes, Intermediates and Chemicals has embedded the culture of enhancing life with the chemistry of colours in KIRI family.

KIL is one of the largest manufacturers and exporters of wide range of Dyes, Intermediates and Chemicals from India. KIL is an accredited and certified Key Contract Supplier to world's top five Dyestuff majors across Asia-Pacific, the EU and Americas.

Kiri Industries Ltd

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

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 ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search