Lighthouse Funds invests ₹700 crore in Parsons Nutritionals
Private equity fund Lighthouse Funds has invested ₹700 crore in Parsons Nutritionals—a contract manufacturer specializing in packaged foods, beverages, and personal care products. The round saw participation from co-investors of Lighthouse, including the International Finance Corporation (IFC), a member of the World Bank Group, Evolvence India, HDFC AMC’s Fund of Funds, and various family offices. Parsons […]
Ananda,Amul & DMS sell best quality Paneer : 9th May Dairynews7x7
This channel covers dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will air on every Sunday. The channel will have expert interviews, market and technical analysis and a lot more sections very soon https://youtu.be/ihS8jK_DmqU Seven news in this edition are as follows : Ananda, Amul and […]
IFC to acquire 6.41% stake in Parag Milk Foods; Stock zooming up
Parag Milk Foods has executed a Subscription and Policy Right Agreement with International Finance Corporation (IFC). Under the agreement, Parag Milk will issue and allot 6756,756 fully paid Equity Shares to IFC. The subscription price would be Rs111 per equity share. Also read : IFC to fund Parag’s milk working cap and expansion plans With that, […]
IFC to fund Parag’s milk working cap and expansion plans
Parag Foods Limited (Parag) is planning to raise money from International Finance Corporation (IFC) for meeting the company’s working capital needs and for its long-term expansion plan. IFC committed around $31 million (around Rs 230 crore) to Parag in the form of non-convertible debentures to support the company’s working capital needs and long term Capex […]