Parag Milk Foods to raise Rs 316 crore for expansion ANI | Updated: Apr 05, 2021 12:13 IST
Pune (Maharashtra) [India], April 5 (ANI): Leading dairy FMCG company Parag Milk Foods on Monday announced plans to raise Rs 316 crore by way of preferential issue of equity shares, foreign currency convertible bonds (FCCBs) and issue of convertible warrants.
This is subject to approval by shareholders in the extra-ordinary general meeting scheduled on April 26 as well as regulatory approvals.
The company said International Finance Corporation (IFC) is proposing an investment of up to Rs 155 crore by way of subscription to preferential issue of equity shares and subscription of FCCBs in addition to proposed subscription to NCDs of Rs150 crore committed in December.
Ruchira Papers Limited allots 28,80,000 convertible warrants equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Jaykay Enterprises Limited allots 63,70,000 Equity Shares and 90,19,000 Convertible Warrants to Promoter and Promoter Group
Posted On: 2021-02-18 09:03:08 (Time Zone: Arizona, USA)
The Committee of Directors of Jaykay Enterprises Limited at their meeting held today approved the allotment of 63,70,000 Equity Shares of face value of Re.1/- each fully paid up for cash at a price of Rs. 10/- each and 90,19,000 Fully Convertible Warrants ( Warrants ) each carrying a right to subscribe to one Equity Share per Warrant, for cash at a price of Rs. 10/- per warrant, on preferential basis to following person belonging to promoter and Promoter group:
Shri Abhishek Singhania - 30,00,000 shares and 41,00,000 warrants