18:28 IST
BSE
Fund Raise
Parle Industries Fund Raise
Parle Industries Ltd's subsidiary, Golden-Valley Treasure Park Pvt Ltd, launched a rights issue offer to strategic investors to fund infrastructure projects. Post-allotment, Parle Industries retains a 33% stake and sole management control. The strategic investors will hold a combined 50% stake as 'held for sale' assets without management control.