Business Standard

Temptation Food to raise $200 million

Image

BS Reporter Mumbai

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.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 09 2008 | 3:10 PM IST

Explore News