Arvind Fashions approves rights issue of ₹199 cr at a price of ₹135/share
Thu, Feb 18, 2021 11:00 AM

Arvind Fashions approves rights issue of ₹199 cr at a price of ₹135/share

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Arvind Fashions board on Thursday approved the issue of 1,48,02,856 partly paid-up Equity Shares of the face value of ₹4- each at an issue price of ₹135 per Equity Share (including a premium of Rs. 131 per Equity Share) for an amount aggregating up to ₹199.84 crores to all the existing equity shareholders of the company on a rights basis. The record date will be announced in due course.

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