Sampre Nutritions is planning raise $100 million through issue of Foreign Currency Convertible Bond (FCCB) in one or more tranches to finance the capital and working capital for overseas expansion by way of preferential allotment. A meeting of the Board of Directors of the Company is scheduled to be held on September 20, 2022, inter alia, to consider and approve the same.
Sampre Nutritions was incorporated to manufacture, produce and process food products, beverages, soft drinks, confectionery products, medicinal formulations, ayurvedic and unani formulations, cosmetics, toiletries, personal care, health care, personal hygiene, sanitary, beauty care, casual medicines, therapeutic products, soaps, detergents, household pesticides, house hygiene, antiseptic, anti-bacterial, hair-care, skin-care, grooming aids, eye-care digestive aids, house-hold remedies, first-aid medicines, whitening agents, food preservatives, food additives, snacks, biscuits, cookies, readymixes, instantfoods, dessicants, sauces, jams, squashes, premixes, protein foods and other allied products.
