Profit

Bombay Rayon to raise $97 million via GDR

PUBLISHED ON: November 12, 2009 | Duration: 4 min, 46 sec

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Prashant Agarwal, MD of Bombay Rayon, said the company would raise $97 million via GDR. "The funds would be primarily kept as a war chest and a part of it would be used for working capital needs of the future."
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