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Lakshmi Overseas Industries to hive-off Power division into separate subsidiary company

02 Mar 2016 Evaluate

Lakshmi Overseas Industries has received an approval for hiving-off of Power division of the company into a separate subsidiary company. The board of directors at its meeting held on March 01, 2016 has approved for the same.

The company has also received approval for hiving-off of Logistics and Warehousing division of the company into a separate subsidiary company.

Lakshmi Overseas Industries is one of the largest food grain processing companies in India and in the world.


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Company Name CMP
Nestle India 1303.80
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Britannia Industries 4794.85
LT Foods 398.40
Hatsun Agro Product 1115.40
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