Nandan Exim to raise rs 17 cr via shares

Ahmedabad-based Nandan Exim Ltd has said that it will raise RS 17 cr through the issue of equity shares on a preferential basis to the promoters or corporate bodies.

MUMBAI: Ahmedabad-based Nandan Exim Ltd has said that it will raise RS 17 cr through the issue of equity shares on a preferential basis to the promoters or corporate bodies.
The decision to raise the amount through issue of equity shares to promoters, corporate bodies, selected group, etc was
approved by shareholders at the AGM held yesterday.
Shareholders also approved a proposal for investing in other corporate bodies or giving guarantee or loan to them up
to Rs 500 cr, the company informed the BSE.
The company manufactures cotton piece dyed fabric, blended cotton fabric and denim.
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Business News › Industry › Cons. Products › Garments / Textiles › Nandan Exim to raise rs 17 cr via shares
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