) will raise up to 10 billion rupees by issuing non-convertible debentures through a private placement, the company said on Thursday.
The billionaire Anil Agarwal-led company is in the middle of splitting into six different units in a move aimed at shoring up the group's financial performance The company aims to expand capacity for its steel and aluminium business and has proposed to set aside $1.90 billion as capital expenditure for fiscal 2025, higher than the $1.4 billion the year before.Scan QR code to install app
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