Raymond

Raymond raises ₹214.7 crore via preferential warrants to Minerva

2 Min Read Raymond will raise up to ₹214.71 crore through the preferential issue of 33,28,686 convertible warrants to Minerva Ventures Fund, according to a regulatory filing on Tuesday. The warrants will be issued at ₹645 each, including a premium of ₹635, with the proceeds to be received in cash. The company’s board approved the fundraise at its meeting held on September 8.