Pan India Food Solutions has informed that the Debenture Committee of the Board of Directors of the Company at its meeting held on August 06, 2015 has approved allotment of Series 1, Tranche 2, Rated, Secured, Redeemable, Non-Convertible Debenture(s) (‘NCDs’) having face value of Rs. 10,00,000 each, aggregating up to Rs. 26 Crore for cash on private placement basis. The Company is in process of making application to BSE for listing of NCDs.
The above information is a part of company’s filings submitted to BSE.