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Foods & Inns Ltd.

BSE: 507552 Sector: Agri and agri inputs
NSE: FOODSIN ISIN Code: INE976E01023
BSE 00:00 | 27 Jan 101.00 -5.30
(-4.99%)
OPEN

103.45

HIGH

105.50

LOW

101.00

NSE 00:00 | 27 Jan 101.10 -5.30
(-4.98%)
OPEN

102.20

HIGH

106.00

LOW

101.10

OPEN 103.45
PREVIOUS CLOSE 106.30
VOLUME 81701
52-Week high 125.05
52-Week low 47.55
P/E 35.31
Mkt Cap.(Rs cr) 508
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 103.45
CLOSE 106.30
VOLUME 81701
52-Week high 125.05
52-Week low 47.55
P/E 35.31
Mkt Cap.(Rs cr) 508
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Foods & Inns Ltd. (FOODSIN) - 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 175820 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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