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India’s Raymond board to consider up to Rs. 2 billion of debentures
By Sarah Lizee
Olympia, Wash., May 22 – Raymond Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Wednesday to consider and approve an issue of up to Rs. 2 billion nonconvertible debentures.
The debentures would be issued on a private placement basis, according to the notice.
The branded fabric and fashion retailer is based in Mumbai.
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