Arvind board approves ₹600 cr fundraise via QIP
after close1 source ↓written by the desknot a recommendation
- during trading
- ₹575.00
Arvind's board approved a plan to raise up to ₹600 crore through a Qualified Institutions Placement (QIP), following a board meeting on 3 July. Shares peaked at ₹575.00 during trading, reflecting strong momentum. The Finance Committee will finalize terms, pending shareholder approval.
Not investment advice. For informational purposes only.