SKNL to raise Rs 1,000 crore

SKNL to raise Rs 1,000 crore

Press Trust Of India / New Delhi July 03, 2009, 0:09 IST

Textile major S Kumars Nationwide Ltd (SKNL) plans to raise Rs 1,000 crore through issue of shares on qualified institutional placement (QIP) basis to fund its expansion plans.