Agro Tech Foods is planning to buy-back its equity shares. In this regard, the company’s board will meet on April 24, 2013 to consider a proposal for the same. At present, the company has equity capital of Rs 24.37 crore and total reserves of Rs 184.55 crore as on March 31, 2012.
The promoters holding in the company stood at 51.77% as on December 2012 while, domestic institutional investors (DIIs) have 8.34% holding, foreign institutional investors held 2.23%, while the remaining 37.66% stake are with the individual shareholders, bodies corporate and others.
Agro Tech Foods is a public limited company engaged in the business of marketing food and food ingredients to consumers and institutional customers. The company is affiliated to ConAgra Foods, Inc of USA, which is one the world's largest food companies.
