Basmati rice exporter Amir Chand mobilises Rs 60 crore from anchor investors

Amir Chand Jagdish Kumar (Exports) Ltd has secured Rs 60 crore from anchor investors. This precedes their Rs 440 crore initial public offering opening on March 24. The company, known for its Aeroplane basmati rice brand, plans to use the funds for working capital and general corporate needs. The IPO will see a fresh issue of shares.