Parag Milk Food aims to raise Rs 300 crore via preferential allotment

Shares of Parag Milk Foods are trading higher after the announcement of its fundraising plans. The company aims to raise over Rs 300 crore via preferential allotment. CNBC-TV18 spoke with Devendra Shah, Chairman of the company to discuss this. Shah said with this amount, the company is replacing short-term working capital with long-term. Also read […]