Kalyan Jewellers’ promoters to raise Rs 2,500-crore debt to boost equity stake
Kalyan Jewellers India's promoter held discussions with Motilal Oswal and 360 One to secure ₹2,000-2,500 crore in high-yield debt. These funds are intended to boost their equity stake in the company. The proceeds from this debt will partly finance the acquisition of shares from Warburg Pincus.