For funding expansion plans
White Diamond Industries announced that it is in receipt of in-principle approval from BSE for the issue of 50 lakh preferential convertible warrants to Promoters and Non-Promoters at Rs 30.50 per warrant. The funds shall be utilised for the aggressive expansion plans of the Company. The funds will be majorly used for the acquisition of lands for farming and cultivation project of the company.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content