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Empee Distilleries raises Rs 37.50 crore through private placement

28 Apr 2016 Evaluate

Empee Distilleries has allotted 14%, 375 nos. Secured, Rated, Listed, Redeemable Non-Convertible Debentures of Rs 10,00,000 each aggregating to Rs 37.50 crore to select investors under Private placement basis. The board of director at its meeting held on April 27, 2016 has approved for the same.

Empee Distilleries is an India-based company engaged in the manufacture of Indian made foreign liquor (IMFL) and power.


Peers
Company Name CMP
United Spirits 1390.00
United Breweries 1248.95
Radico Khaitan 4438.00
India Glycols 264.00
Allied Blenders&Dist 651.00
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