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Nandan Denim to issue 50 lakh convertible warrants to Foreign Investors at Rs. 200 each

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Company shall raise Rs. 100 crore from the convertible warrants issued to fund its expansion plans This will be the 2nd warrant issue by Nandan; Company had issued 25 lakh convertible warrants to Polus Global Fund at Rs. 200 each last year Company has proposed to increase the aggregate limit for holding shares by the FIIs / FPIs to 49% from 24% India September 28, 2016: Nandan Denim Limited (

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