Corporate News     17-Nov-15
Raymond hikes stake in Raymond Luxury Cottons
Invest Rs 61.68 crore
Raymond has infused Rs. 61.68 crore (6,16,80,000 equity shares of Rs.10/- each) in Raymond Luxury Cottons (RLCL) by subscribing to the further issue of equity shares.

RLCL has allotted the equity shares and the investment of Raymond in the equity share capital of RLCL now stands at Rs. 127.68 crore constituting 75.69% of the equity capital.

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