White Organic Agro is planning to raise funds up to Rs 35 crore immediately, as a part expansion of company's business of organic farming and allied activities and food grains business (domestic and international market). The funds raised shall be utilized for existing business operations and expansion cum growth module of the company.
This fund raising shall be in combination of equity shares / warrants / debt instruments, as per pre-requisite of Shareholders approval / SEBI / BSE rules and regulations and other statutory approvals. The meeting of the Board of Directors of the company is scheduled on June 25, 2021 to consider and approve the same.
White Organic Agro is engaged in farming and cultivation, distribution and retail and exports.
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