With reference to the earlier press release dated March 18, 2016 with regard to entering into an agreement for acquisition of branded rice business of Hindustan Unilever; Gold Seal Indus Valley and Rozana brand. LT Foods has informed that the Competition Commission of India (CC1) has approved the said acquisition via its order dated May 12, 2016 and the Company has duly completed the procedural formalities pertaining to the acquisition. To further accelerate the Company’s strategy of global expansion, acquisition of these iconic brands will serve as an important milestone in the journey of LT Foods and strengthen Company’s position in Middle East market.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Varun Beverages | 474.05 |
| Nestle | 1285.65 |
| Britannia Inds | 5733.75 |
| LT Foods | 422.10 |
| Hatsun Agro Product | 979.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: