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Hindustan Foods invests Rs 43 crore in KNS Shoetech

11 Sep 2024 Evaluate

Hindustan Foods has invested Rs 43 crore by way of subscription to Rights Issue of 4,30,00,000 Equity Shares of Rs 10 each at par in the KNS Shoetech, the Wholly Owned Subsidiary of the company. The company’s shareholding post this investment remains at 100%.

Hindustan Foods specializes in setting up one-stop contract manufacturing solutions and the ability to consistently deliver quality products.


Peers
Company Name CMP
Grasim Industries 3173.00
DCM Shriram 977.20
3M India 34561.90
Hindustan Foods 618.85
Balmer Lawrie & Co 164.30
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