Empee Distilleries has informed that the Board of Directors of the Company at its meeting held on April 27, 2016, has approved allotment of 14%, 375 Nos. Secured, Rated, Listed, Redeemable Non-Convertible Debentures of Rs 10,00,000 each to aggregating Rs 37.50 crores to select investors under Private placement basis.
The above information is a part of company’s filings submitted to BSE.