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Anik Industries to invest Rs 120 crore in Mahakosh Property Developers

31 Aug 2018 Evaluate

Anik Industries has received approval to further investment of upto Rs 120 crore in Mahakosh Property Developers, a partnership firm, in which the Company holds 21% partnership interest, by the company, in one or more tranches. The meeting of the Board of Directors of the company held on August 30, 2018 approved the same.

Anik Industries is engaged in Food Products business. They operate under three segments: dairy products, wind power and other segment includes trading of coal, agri commodities and edible oils.

Peers
Company Name CMP
Redington 327.50
Adani Enterprises 2735.00
Amrapali Industries 33.57
Maxgrow India 172.35
Rashi Peripheral 738.20
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