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Arvind Fashions defers rights issue

Capital Market 

Amid COVID-19 situation and overall market condition

Arvind Fashions announced that considering the current countrywide lockdown imposed by the Government of India to combat the spreading of Novel Coronavirus and overall market conditions, the Committee of Directors has, at its meeting held on 26 March 2020, has decided to defer the Rights Issue of the Company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 26 2020. 18:19 IST
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