Mishtann Foods Ltd Right Issue

Established in 1981, Misthan Foods Limited specializes in processing and packaging Basmati rice and wheat, while also selling pulses and salt as fast-moving consumer goods.

The company runs its operations from a modern manufacturing facility situated in the Sabarkantha District of Gujarat. This facility boasts a production capacity of 45 metric tonnes per hour for processing Basmati rice. Furthermore, it can also process wheat as per market demand.

Misthan Foods Limited is offering a Right Issue valued at Rs 49.82 Crores. The subscription for this Right Issue will be open from April 2, 2024, to April 18, 2024. For every fully paid-up equity share held on the record date of March 20, 2024, shareholders are entitled to 1 Rights equity share. The face value of each share is Rs. 1, with the Right Issue price set at Rs. 15 per share.

Mishtann Foods Rights Issue 2024

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