Huhtamaki PPL Ltd said that its board of directors has authorised the issue of non-convertible debentures aggregating up to Rs 550 crore on private placement basis to Huhtalux S.a r.l. in one or more tranches.
The issue is subject to the approval of members at the extra-ordinary general meeting on December 21 and other statutory clearances, the company informed the BSE.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.