Fri, Sep 30, 2022
Board approved rights issue of Heritage Food. Rights issue at 98.6% discount from the current price. What is the ratio of rights issue? Why is the rights issue coming at a discount? Must watch this video.
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As per the exchange filing of Heritage Foods, “The Board of Directors of the Company approved to issue equity shares in the ratio of 1:1 by way of Rights Issue basis at the face value of Rs.5/- each per share to the existing shareholders.”
Tue, Nov 08, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this morning: 1. US to vote for new president today
Mon, Nov 07, 2016
The retail and allied businesses of Heritage Foods reported revenue of Rs 629.70 crore during FY16.
Mon, Sep 19, 2016
It was reported that Kishore Biyani headed Future Group is in advance talks to acquire the retail arm of Heritage Foods.
If the acquisition deal goes through it would be the second largest for the company in south India in the past two years and would add over a 100 grocery stores in Hyderabad, Chennai and Bengaluru.
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