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Parag Milk Foods raises Rs 131 crore via preferential share allotment to promoters, other investors

Parag Milk Foods Ltd on Wednesday announced that it has raised a total of Rs 131 crore through preferential allotment from marquee investors and promoters. In a regulatory filing, the company said investors have invested Rs 113 crore and promoters about Rs 18.75 crore looking at the promising growth strategy. “The current proceeds of preferential …

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