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Aditya Birla Capital to raise up to Rs 3,500 cr via equity, debt instruments

Press Trust of India  |  New Delhi 

Aditya Capital Saturday said its board has approved raising funds up to Rs 3,500 crore through both equity and debt issuances.

The funds can be raised in one or more tranches by way of issuance of equity shares and equity linked instruments, including convertible preference shares, non-convertible debt instruments along with warrants, debentures, and/or any other securities convertible into equity shares, global depository receipts, American depository receipts and foreign currency convertible bonds, the company said in a BSE filing.

Following the board approval for raising of up to Rs 3,500 crore, the company will now seek shareholders' nod for the same, it added.

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

First Published: Sat, May 04 2019. 15:20 IST