Temptation Food is planning to raise $200 million (around Rs 895 crore) through Foreign currency convertible bonds, American depository receipts and global depository receipt.
In a note to Bombay Stock Exchange, the company has called an extra ordinary general meeting on October 3 for shareholders' approval.
Temptation Food has also declared dividend at 6% (or Re 0.60 per equity share) for the financial year ended March 31, 2009.