The Board of Directors of Grandeur Products Ltd at its meeting held on Wednesday, 22 nd November, 2017 has approved the allotment of 6% 5,00,000 Fully Secured Redeemable Unlisted Non-Convertible Debentures of Rs. 100/ (Rupees Hundred Only) each aggregating to Rs. 5,00,00,000 (Rupess Five Crores Only) at par on private placement basis.