Parag Milk Foods Limited Raises Rs 131 cr Through Preferential Allotment
A leading dairy-FMCG company in India, Parag Milk Foods Limited, has announced that it has raised a total of Rs 131 crore through preferential allotment from marquee investors and promoters. Investors have put in around Rs 113 crore, demonstrating their trust in the company&zinc bisglycinate australia8217;s ethos, values as well as a promising growth strategy. In addition, the promoters will also invest Rs 18.75 crore.Devendra Shah, chairman, Parag Milk Foods Ltd, said, “We have delivered a robust Q1 pecan you take zinc supplement at nightrformance with a 57.
6% Y-o-Y increase in revenue; surpassing our internal growth targets both in terms of 
volume and value. The overall growth is broad-basusp zinc gluconateed and driven by strong traction across all our verticals. As we enter into the festive season, the demand momentum for dairy products
can you take zinc with magnesium glycinate continues to accelerate and all our brands are witnessing a surge in the overall offtake. This fund raise comes at an opportune time to enable us to meet ourzinc bisglycinate usp expanded working capital need to capitalise on demand potential and pave the way for a profitable business ahead.”
