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Kohinoor Foods allots 70.48 lakh equity shares to UAE-based firm

06 Dec 2013 Evaluate

Kohinoor Foods has allotted 70.48 lakh equity shares to UAE-based firm. The company has allotted the same at Rs 160 each to Al Dahra International Investments LLC, UAE, after receiving the total consideration of Rs 112.77 crore.

Kohinoor Foods makes an extensive range of food products like basmati rice, ready-to-eat products, cook-in sauces, cooking pastes, spices, seasonings and frozen food.

Peers
Company Name CMP
Nestle India 1303.80
Varun Beverages 424.30
Britannia Industries 4794.85
LT Foods 398.40
Hatsun Agro Product 1115.40
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