Grandeur Products has raised around Rs 1.81 crore through allotment of 10% 1,80,991 Fully Secured Redeemable Unlisted Non Convertible Debentures of Rs 100 at par on Private Placement basis to the existing Non-Convertible Debenture holders against the conversion of accrued interest pending to be paid as on December 31, 2019 to the existing Non-Convertible Debenture holders of the company.
The Debenture Allotment Committee of the company at its meeting held on February 12, 2020 has allotted 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.
