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New Delhi, Nov 10: LT Foods Ltd on Thursday said it has raised nearly Rs 390 crore by selling shares to Saudi Agricultural and Livestock Investment Company (SALIC) through private placement. In a regulatory filing, the company informed that its board has approved issuance and allotment by way of a preferential allotment on a private placement basis up to 27,408,164 equity shares at a price of Rs 142.23 per share for cash consideration of up to Rs 389.82 crore. The […] ....
Go Your browser has Javascript disabled, so some things may not quite work how they should on LI right now: please enable JavaScript in your browser to fix things, we have no nefarious trackers, or scripts by Facebook, Google or others. In Brief Friday, 11 December 2020 18:22 Corporate M&A LT Foods. said that it has entered into a shareholder’s agreement with United Farmers Investment Company in connection with a proposed acquisition of the stake currently held by India Agri Business Fund Ltd and Real Trust by the Investor in Daawat Foods. LT Foods announced that Saudi Agricultural & Livestock Investment Company has acquired a stake in Daawat Foods (subsidiary of L T Foods) through its subsidiary United Farmers Investment Company. ....