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Shah Foods gets nod for closure of factory

03 Jul 2019 Evaluate

Shah Foods has received approval to close the factory with immediate effect, in a view of termination of Contract by Britania. The Board of Directors of the Company at its meeting held on June 29, 2019 has approved the same. The board has also decided to terminate the services of workers and all staff members.

Shah Foods is engaged in the food processing business. The company manufactures and sells biscuits in India. 

Peers
Company Name CMP
Redington 394.00
Amrapali Industries 39.00
Adani Enterprises 3100.00
Rashi Peripheral 805.65
PDS 348.00
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