Scoobee Day Garments to Consider Fund Raising via Rights Issue

Scoobee Day Garments (India) Ltd. has announced that its board will consider raising funds through a rights issue. This strategic move aims to bolster the company's financial position and support its growth initiatives. Scoobee Day Garments operates in two key segments: manufacturing of apparels and readymade garments, and roofing solutions. The company, formerly known as Victory Paper and Boards (India) Ltd., has been actively involved in expanding its operations and diversifying its product offerings. The proposed rights issue will provide the necessary capital to enhance its market presence and drive future business expansion.

Source: BSE India, Scoobee Day Garments (India) Limited