×
562
Fashion Jobs
CURLYFE BIOSCIENCES
Senior Area Sales Manager
Permanent · Ghaziabad
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Datia
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Datia
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Neemuch
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Alirajpur
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Betul
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Mandla
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Seoni
DIAMOND WHITE CEMENT
Sales Officer/ Area Sales Manager / Sales Manger- Paints & Putties
Permanent · Alirajpur
DODLA DAIRY
Area Sales Manager - Goa (Milk Sales & Product Sales)
Permanent · Panaji
ASIAN GRANITO INDIA
Area Sales Manager
Permanent · Guwahati
DODLA DAIRY
Area Sales Manager - Mangalore (Milk Sales)
Permanent · Mangaluru
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Begusarai
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Begusarai
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Sukma
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Bihariganj
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Jehanabad
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Sitamarhi
DIAMOND WHITE CEMENT PVT. LTD.
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Shimla
DIAMOND WHITE CEMENT
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Jharsuguda
RELIANCE RETAIL
Hiring Territory Sales Manager - Ajio Business - Mangalore
Permanent · Mangaluru
DEC0T0UCH PAINTS LIMITED
Area Sales Manager/ Sales Officer/ Sales Manager- Paints & Putties
Permanent · Kushinagar
Published
Sep 15, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Reliance Retail seeks to double borrowing cap to fuel expansion

Published
Sep 15, 2022

Reliance Retail is looking to double its borrowing limit to enable it to continue to finance brick-and-mortar expansion for its fashion and lifestyle brands among others. The business will ask its shareholders to approve an increase in its borrowing limit to Rs 1 lakh crore, ET Bureau reported. 

Design duo Abraham and Thakore with the RIL family - RRVL


The business’ current total borrowings are at Rs 40,000 crore and, if its shareholders approve the increase, it could get the go ahead to raise up to Rs 60,000 crore as debt. Reliance Retail will ask for the shareholders’ approval at its upcoming annual general meeting, scheduled for September 30. 
 
“Considering that the bulk of the existing debt is short-term which needs to be repaid within a year, it is possible that Reliance Retail may be looking to refinance the short-term loans to ease the cash flow,” said business intelligence company AltInfo’s founder Mohit Yadav, the Economic Times reported. “The substantial increase in borrowing limit shows they are looking at borrowing further for expansion and operational expenses.” 

Reliance Retail had asked for its shareholders’ approval to increase its borrowing limit to Rs 50,000 crore a year ago, which it secured. The business recently announced its plans to make a large-scale entry into the fast moving consumer goods market, for which it will undoubtedly need to make a sizeable financial investment. 

Copyright © 2022 FashionNetwork.com All rights reserved.