Prudential Sugar Corp. to Raise Funds Up to Rs 50 Crores for Business Expansion

Prudential Sugar Corporation Ltd. has announced a Board of Directors meeting on September 24, 2024. The agenda includes considering and approving a proposal to raise funds up to Rs 50 Crores through various means such as Rights Issue, Follow on Public Issue, Preferential Issue, Placement to QIP, and other methods as deemed fit under the Companies Act. The funds will be used to expand and diversify the company's business into diverse areas.