Home textiles company Welspun India's board recently approved raising up to $100 million in one or more form or instruments, including but not limited to loans, environmental, social and governance bonds, non-convertible debentures and external commercial borrowings. The amount may be raised in form of domestic or overseas issuance in one or more tranches.
The board also authorised approaching the shareholders seeking requisite approvals to be obtained by way of a general meeting.
Fibre2Fashion News Desk (DS)
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