ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Raymond Woollen Mills

RAYMOND WOOLLEN MILLS is issuing to the public 1.20,000 secured debentures of Rs 400 each to raise a part of finance for its Rs 31.40-crore cement project. Each debenture will carry a right to subscribe to five equity shares of the company at a price of Rs 20 per share during September 1981. The debentures carry an interest rate of 11 per cent per annum or such higher rate as may be permissible by the gov-ernment on the date of allotment. The subscription list will open on December 11, 1980.

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