Prudential Sugar Corporation Limited — Others, 04-06-2025: Shareholders meeting

Prudential Sugar Corporation Limited has announced a board meeting to seek shareholder approval for amending its earlier preferential equity share issue. The revised use of funds now includes entering the green energy sector through a greenfield project, in addition to supporting business growth, acquisitions, capital expenditure, and general corporate purposes. The company plans to raise Rs. 43.75 Cr via 1.25 crore equity shares at Rs. 35 each to financially strengthen the new green energy initiative alongside ongoing expansion. Shareholders can vote remotely to approve this change.