Parag Milk Foods raises Rs 131 cr via preferential allotment

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Capital Market
Last Updated : Aug 24 2022 | 2:31 PM IST
Parag Milk Foods has raised a total of Rs. 131 crore through preferential allotment from marquee investors and promoters. In addition, the promoters will also invest Rs.18.75 crore. The fund raise will meet the working capital need to capitalize on demand potential ahead of the festive season.

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First Published: Aug 24 2022 | 2:16 PM IST

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