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Spectrum Foods gets nod to raise funds via preferential issue of equity shares

21 Jan 2020 Evaluate

Spectrum Foods’ board has approved the list of proposed allottees for Preferential Issue of 7,50,000 Equity shares of Rs 10 each to Promoters/ Promoter Group towards raising of additional capital by the Company. The Board of Directors of the company at its meeting held on January 21, 2020 has considered and approved the same.

Spectrum Foods provides import and export services. The company was formerly known as Spectrum Leasing and Finance and is based in Jaipur, India

Peers
Company Name CMP
Nestle India 1219.00
Varun Beverages 409.20
Britannia Industries 4677.00
LT Foods 394.95
Hatsun Agro Product 1134.30
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