July 17, 2017 / 12:03 PM / a month ago

BRIEF-Nutraplus India approves diversification into agrochemical business

1 Min Read

July 17 (Reuters) - Nutraplus India Ltd

* Says board decided to make bank loan application to raise INR 500 million for Dahej Project phase 1

* Says to raise up to INR 300 million via preferential issue of shares and/or convertible warrants to promoter, non-promoter group

* Approved diversification into agrochemical business, setting up forwrad integration of api to formulation manufacturing facility‍​

* Says planned to set up warehousing facility in Tanzania Source text - (bit.ly/2vttiLE) Further company coverage:

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