Grandeur Products has received an approval for the allotment of 6% 5,00,000 Fully Secured Redeemable Unlisted Non- Convertible Debentures of Rs 100 each aggregating to Rs 5 crore at par on private placement basis. The board of directors at their meeting held on November 22, 2017, has approved for the same.
Grandeur Products is in the business of FMCG projects particularly into Coffee and related products. Its products include coffee, tea, cocoa, milk, milk products, sugar, sugar substitutes, and fruits.