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Dhunseri Ventures decides to exit restaurant business - The Hindu BusinessLine


Dhunseri Ventures decides to exit restaurant business
March 08, 2021
Kolkata-based Dhunseri Ventures Ltd, owned and promoted by the Dhanukas, has decided to exit its restaurant business.
The company will divest its entire shareholding of 25 per cent in Tastetaria Foods Private Ltd to joint venture partner, Choicest Enterprises Ltd for ₹72,500 or at 0.01 paise per equity share.
The sale was completed on March 8.
Dhunseri Ventures Limited (formerly Dhunseri Petrochem) entered into a joint venture with Choicest Enterprises Ltd, a company under Ambuja Neotia Group, and Tastetaria Foods Private Limited to carry on the business of “setting up and operating restaurants for making and selling UNO brand of Chicago deep-dish pizzas”, under exclusive master franchisee agreement with Pizzeria Uno Corporation. ....

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