Rasoya Proteins receives status of Export House from Government of India

11 Dec 2013

Rasoya Proteins has received status of Export House from Government of India Ministry of Commerce and Industry Directorate General of Foreign Trade. Earlier, the company had received an approval for formation of subsidiary in Hong Kong subject to necessary statutory approvals. The board of director at its meeting held on August 14, 2013 has approved for the same. The board has also approved to increase the investment limit by Foreign Institutional Investor's (FII) up to 100%.

Rasoya Proteins is engaged in the Business of Solvent Extraction. The company is selling its Soya Refined Oil under the brand name ‘Rasoya’ and the oil is available in various pack size from 1/2 liter poly pack and pet bottle to 15 liter/15 kilograms tins.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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