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Kohinoor Foods board to mull rights issue on 27 April

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Capital Market
Last Updated : Apr 25 2022 | 9:04 AM IST

The company's board will consider raising funds through rights issue of equity shares on 27 April 2022.

Kohinoor Foods offers a wide variety of basmati rice, ready to eat curries & meals, readymade gravies, cooking pastes, chutney's, spices and seasonings to frozen breads, snacks & paneer (indian cottage cheese), healthy grains, edible oils.

On a consolidated basis, net profit of Kohinoor Foods declined 93.02% to Rs 0.40 crore on 56.75% decline in net sales to Rs 22.61 crore in Q3 December 2021 over Q3 December 2020.

Shares of Kohinoor Foods jumped 4.92% to Rs 12.58 on Friday.

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First Published: Apr 25 2022 | 8:46 AM IST

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