Now that the company has got a nod from its board, it will seek permission from its shareholders for the same, Aditya Birla Capital said
New Delhi: Aditya Birla Capital said that it has got an approval from its board for raising funds up to Rs 3,500 crores via both equity and debt issuances.
In a filing to the Bombay Stock Exchange (BSE), the company said, "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."
Now that the company has got a nod from its board, it will seek permission from its shareholders for the same, the document said.
