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RCL Foods closes manufacturing activity, two retail outlets

31 Oct 2017 Evaluate

RCL Foods has closed its manufacturing activity and also its two retail outlets, due to non viability of the existing business. The company is looking for a suitable buyer to sell the machineries used for manufacturing activity, subject to the applicable provisions of all applicable laws for the time being in force.

RCL Foods manufactures and sells agriculture-based fast moving consumer goods and food products in India.

Peers
Company Name CMP
Nestle India 1365.10
Varun Beverages 430.20
Britannia Industries 4925.00
LT Foods 421.00
Hatsun Agro Product 1172.35
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