Prabhat Dairy has received an approval for the issue of unlisted secured non-convertible redeemable debentures up to Rs 200 crore for working capital needs for the business purpose of the company. The Board of Directors of the company at their meeting held on November 20, 2019, approved the same.
Prabhat Dairy produces milk and milk products in India. It processes and offers skimmed milk powder, whole milk powder, sweetened condensed milk, concentrated milk, cow ghee, dairy whitener, and pasteurized milk in poly pouches.
