Brief: Agro Tech Foods Approves Acquisition Of 100% Of Del Monte Foods For 13 Bln Rupees

Sundrop Brands

14/11/2024 05:53

Nov 14 (Reuters) - Agro Tech Foods Ltd  AGRO.NS :
    * APPROVED ACQUISITION OF 100% STAKE OF DEL MONTE FOODS
    * CONSIDERATION FOR ACQUISITION WILL BE ISSUE OF SHARES TO
SHAREHOLDERS OF DMFPL
    * APPROVED ISSUE OF UPTO 13.3 MILLION SHARES OF CO AT 975.5
RUPEES
PER SHARE
    * NAMES NITISH BAJAJ AS ADDITIONAL DIRECTOR AND GROUP
MANAGING
DIRECTOR
    * ACQUISITION OF 100% OF DEL MONTE FOODS FOR 13 BILLION
RUPEES

Source text:  ID:nBSE9y6V86 
Further company coverage:  AGRO.NS 

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