Future Ventures India (FVIL) has made an additional investment in Capital Foods Exportts (Capital Foods) by subscribing to 25,00,000 zero percent optionally convertible debentures of Rs 100 each.
Capital Foods is into the business of processed food and markets its products under various brands which include Ching's Secret, Smith & Jones, Raji, Mama Marie and Kaeng Thai. It has development and manufacturing capabilities in various processed food products such as instant noodles, spices, sauces, chutney and microwaveable rice and curries. Capital Foods currently has 1000+ distributors across 250 cities. It also exports its products to various countries including United States, United Kingdom, Singapore, Middle East Asia and Australia.
Future Ventures India currently has 13 companies in its portfolio which own brands in fashion, FMCG, food processing and home products. The company invests in businesses which are strategically important to the group's retail business. It plans to use a large part of the funds for acquiring new businesses while a small part of the proceeds will be used to grow the existing businesses.
Company Name | CMP |
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Adani Enterprises | 3052.60 |
Redington | 215.05 |
Amrapali Industries | 14.72 |
Rashi Peripheral | 317.20 |
Compuage Infocom | 4.36 |
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