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Prospect Consumer Products informs about fund raising

28 Nov 2025 Evaluate

In reference to approval given by the Shareholders in its Annual General Meeting held on Friday, September 26, 2025, regarding the issuance of upto 7,00,000 warrants on Preferential Basis, Prospect Consumer Products has informed about the following: The Company plans to raise a total of ?700.00 lakhs, through the issue 7,00,000 Warrants at ?100 each. The total estimated deployment of funds is ?700.00 lakhs, comprising ?500.00 lakhs towards long-term working capital, ?100.00 lakhs towards capital expenditure, and ?100.00 lakhs towards general corporate purposes. The entire requirement of ?700.00 lakhs will be met through the proceeds of the preferential issue. The Company shall submit the statement of deviation or variation with respect to above mentioned preferential allotment in accordance with Regulation 32 of the SEBI LODR Regulations, 2015. 

The above information is a part of company’s filings submitted to BSE.

Prospect Consumer Share Price

57.60 9.60 (20.00%)
04-May-2026 16:59 View Price Chart
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