Rs200cr raised by Raymond through allotment of NCDs
Thu, Feb 11, 2021 12:10 PM

Rs200cr raised by Raymond through allotment of NCDs

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Raymond Limited on Wednesday allotted 2000, 9% secured, listed, rated, Redeemable Non-Convertible Debentures (Series P) of face value Rs10 lakhs each at par, aggregating to Rs200cr on Private Placement basis. “The debentures are proposed to be listed on the Wholesale Debt Market segment of the National Stock Exchange of India Limited,” the company stated in a regulatory filing on Wednesday.

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