MoneyWorks4Me

Manpasand Beverages to avail loan of Rs 100 crore

12 Jul 2019 Evaluate

Manpasand Beverages has decided to avail loan of Rs 100 crore against the mortgage/hypothecation of assets of the company and pledge of 100% shareholding of the Promoter Dhirendra Singh who is holding 44.32% of total issued and paid up capital of the company. The board of the company in their meeting has decided the same, in order to meet the current working capital requirements of the company.

Manpasand Beverages is India’s only pure play beverage company with a flagship brand, ‘Mango Sip’.

Peers
Company Name CMP
Nestle India 1355.00
Varun Beverages 429.55
Britannia Industries 4882.35
LT Foods 412.95
Hatsun Agro Product 1132.40
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