Brief: Nutraplus India approves diversification into agrochemical business

July 17 (Reuters) - Nutraplus India Ltd  NUPI.BO  
    * 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 - (http://bit.ly/2vttiLE) 
Further company coverage:  NUPI.BO  
 
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