Sanwaria Consumer has received an approval to raise funds to the tune of Rs 400 crore for future capacity expansions/acquisitions/working capital requirements through QIP/Placement of shares to Institutions/FII/ Mutual Funds etc. on the pricing as determined under the SEBI (ICDR) Regulations, 2009. The Board of Directors of the company at their meeting held on May 7, 2018 have considered and approved the same.
Sanwaria Consumer is one of the largest integrated food processors in India and is engaged in the business of manufacturing and selling of Rice, edible oil and staple food products like Pulses, Sugar, Soya Chunks, Wheat Flour, Rice Flour, Salt, Suji, Maida, Besan, Daliya, Soya Meal etc.
