Noida-based Hanung Toys & Textiles Ltd has finally secured nod from its shareholders for raising funds up to $50 million (about Rs 238 crore) through the issue of securities.

The shareholders of the company have given their consent for raising of funds through issue of securities including equity share and bonds.

The scrip of the company today settled the day at Rs 92, up 2% on BSE. The counter has made 52-week high and low of Rs 131 and Rs 24 respectively.