Parag Milk Foods Limited — Others, 25-04-2025: Corrigendum
25-04-2025 | 09:44 pm
25-04-2025 | 09:44 pm
Parag Milk Foods Limited has circulated a corrigendum related to the Extraordinary General Meeting (EGM) scheduled for May 3, 2025. The corrigendum amends the Explanatory Statement of the EGM Notice, detailing the objects of the proposed preferential issue of Convertible Share Warrants, which now includes debt reduction, working capital, capital expenditure, and general corporate purposes. Additionally, a valuation report from a registered valuer has been obtained and is available on the company website. This update could signal to investors a strategic focus on optimizing capital structure and growth potential, reflecting a constructive outlook for the company's future operations.
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