Chatha Foods Ltd — Important, 08-09-2025: Company Update
08-09-2025 | 03:23 pm
08-09-2025 | 03:23 pm
Chatha Foods has invested 6.30 Crore in its subsidiary, Allana CF Foods Private Limited, by subscribing to a rights issue. This investment involved acquiring 63 lakh new equity shares at par through a cash consideration. Allana CF Foods operates in the ready-to-eat and ready-to-cook food industry, aligning with Chatha Foods' core business. Despite this fresh capital infusion, Chatha Foods' ownership stake in the subsidiary remains unchanged at 70%, reinforcing its strategic commitment to the growth and operations of this key business arm.
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