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Sanwaria Consumer gets nod to raise funds on preferential basis

22 Jan 2019 Evaluate

Sanwaria Consumer has received approval to raise funds through issue of securities on preferential basis to the extent of $100 million through one or more methods including issue of ADR/GDR/Share Warrant etc. The Board of Directors of the company at its meeting held on January 21, 2019 has 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.

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