BlueStone Jewellery to Raise ₹300 Cr via NCDs

BlueStone Jewellery and Lifestyle Ltd announced its Board has approved raising up to ₹300 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis. The funds will be utilized for refinancing existing debt and for business growth, including capital expenditure, working capital, and general corporate requirements. The Operations Committee has been authorized to finalize the terms of the NCD allotment. Further disclosures will be made at the time of issuance and allotment.