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Raymond Approves ₹214.71 Crore Fundraise, Minerva Ventures Fund To Receive 33.28 Lakh Warrants

Raymond Approves ₹214.71 Crore Fundraise, Minerva Ventures Fund To Receive 33.28 Lakh Warrants
Photo: Free Press Journal · view original

Mumbai: Raymond Limited’s board has approved raising up to Rs 214.71 crore through a preferential issue of convertible warrants to Minerva Ventures Fund, according to an exchange filing. The company will issue 33,28,686 warrants at Rs 645 each, including a premium of Rs 635 per warrant. The secur...

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