Aveer Foods shines on executing Business Transfer Agreement with partner of Kamal Industries
Aveer Foods is currently trading at Rs. 744.15, up by 24.15 points or 3.35% from its previous closing of Rs. 720.00 on the BSE.
The scrip opened at Rs. 749.00 and has touched a high and low of Rs. 749.00 and Rs. 744.15 respectively. So far 2 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 828.60 on 27-Mar-2025 and a 52 week low of Rs. 429.95 on 13-Aug-2024.
Last one week high and low of the scrip stood at Rs. 749.00 and Rs. 701.55 respectively. The current market cap of the company is Rs. 299.76 crore.
The promoters holding in the company stood at 72.06%, while Non-Institutions held 27.94% in the company.
Aveer Foods has executed Business Transfer Agreement on April 01, 2025 with the partner of Kamal Industries. The said transfer of Business undertaking will come into effect from April 30, 2025.
Earlier, the company’s Board of Directors had approved the Business Transfer Agreement for an acquisition of Kamal Industries Dharwad, a partnership firm, on a going concern at a slump sale basis.
Aveer Foods is incorporated to carry out the business of manufacturing of food products and dealing in Agricultural, Horticultural and Farm produce.
