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Board of Parag Milk Foods approves opening of FCCB issue

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Capital Market
Last Updated : Apr 30 2021 | 7:32 PM IST

At meeting held on 30 April 2021

The Board of Parag Milk Foods at its meeting held on 30 April 2021 approved the date of opening of the issuance of FCCBs as 30 April 2021. The conversion price of the FCCBs (subject to adjustments as per terms of agreement) is Rs 145 for issue of equity shares upon conversion of the FCCBs and a floor price of Rs 111.27 is determined as per provisions of the FCCB Scheme .

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First Published: Apr 30 2021 | 6:24 PM IST

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