Kalyan Jewellers’ promoters to raise Rs 2,500-crore debt to boost equity stake – ET Retail
Kalyan Jewellers India’s promoter, Trikkur Sitarama Iyer Kalyanaraman, and promoter group are in talks with Motilal Oswal and 360 One to raise ₹2,000-2,500 crore in high-yield debt, according to people familiar with the matter. The funds will be used to increase their equity stake in the jewellery retailer, they said. “Kalyan Jewellers’ promoters are in…
