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Foods & Inns Ltd.

BSE: 507552 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE976E01023
BSE 00:00 | 23 Oct 47.70 0.55
(1.17%)
OPEN

48.45

HIGH

48.45

LOW

47.10

NSE 05:30 | 01 Jan Foods & Inns Ltd
OPEN 48.45
PREVIOUS CLOSE 47.15
VOLUME 7004
52-Week high 65.30
52-Week low 30.40
P/E 33.36
Mkt Cap.(Rs cr) 240
Buy Price 47.50
Buy Qty 285.00
Sell Price 47.70
Sell Qty 119.00
OPEN 48.45
CLOSE 47.15
VOLUME 7004
52-Week high 65.30
52-Week low 30.40
P/E 33.36
Mkt Cap.(Rs cr) 240
Buy Price 47.50
Buy Qty 285.00
Sell Price 47.70
Sell Qty 119.00

Foods & Inns Ltd. (FOODSINNS) - Company History

Incorporated in 1967, Foods and Inns (FIL) is engaged in the business of processing food products and fruits. Its manufacturing facilities are located in Bombay and Nashik. Sam Manekshaw M C is the Chairman of the company. FIL's export-oriented processed food and vegetable unit located in Nashik went on stream in Nov.'94. In 1994-95, FIL commenced commercial production of its project for frozen mango pulp and vegetables. Dravya Finance and Asim Exports International are 100% subsidiaries of FIL. It is the first company in India to export egg powder and has obtained repeat orders for the same. It has developed a new product for a soft-drink company. It has also exported lychees, a seasonal fruit. The company exports its products in industrial and consumer packs to the UK, Kuwait, Saudi Arabia, Yemen, Japan, Germany and West Asia. During the year, the company sold its poultry division to Bhairavnath Poultry Farm Pvt Ltd, to concentrate on its core business of food processing. In 1998-99, it made a preferential allotment of 1,75,820 equity shares of Rs. 10/- each at a premium of Rs. 50/- per share to a non-residential director of the company.

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