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Pincon Spirit to invest Rs. 400 cr for expansion

Industry Food Processing & Beverages

Pincon Spirit Limited is planning to expand its liquor and FMCG divisions (edible oils mustard, soya and palm) with an investment of Rs.400 crore. Funds are likely to be raised through a combination of non convertible debentures (NCDs), fresh equity and deposits from shareholders and the public.

Extracted from HBL, July 27,’15



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