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Foods & Inns Ltd.

BSE: 507552 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE976E01023
BSE 00:00 | 20 Mar 168.50 -1.05
(-0.62%)
OPEN

170.50

HIGH

170.50

LOW

168.00

NSE 05:30 | 01 Jan Foods & Inns Ltd
OPEN 170.50
PREVIOUS CLOSE 169.55
VOLUME 5567
52-Week high 217.45
52-Week low 121.40
P/E 78.74
Mkt Cap.(Rs cr) 283
Buy Price 168.50
Buy Qty 90.00
Sell Price 168.50
Sell Qty 10.00
OPEN 170.50
CLOSE 169.55
VOLUME 5567
52-Week high 217.45
52-Week low 121.40
P/E 78.74
Mkt Cap.(Rs cr) 283
Buy Price 168.50
Buy Qty 90.00
Sell Price 168.50
Sell Qty 10.00

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.