Spencer's Retail seeks shareholders nod to raise Rs 350 cr
Spencer's Retail has sought shareholders approval to raise Rs 350 crore, by using movable or immovable properties of the firm as collateral, in the annual general meeting scheduled on July 19, 2019. Keeping in view the company's existing and future fund requirements to support its business operations, the company proposes to borrow funds from financial institutions, banks, NBFCs and other lenders for an amount up to Rs 350 crore, a BSE filing said. In order to facilitate raising of funds, it would... Читать дальше...