Chordia Food Products Limited completed the Spin-Off of Aveer Foods Limited.
August 04, 2023
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The Board of Chordia Food Products Limited (BSE:519475) announced the spin-off of Aveer Foods Limited for on July 20, 2022. As per the transaction, shareholders of Chordia Food Products Limited are entitled to get 1 equity share of Aveer Foods Limited without any application or deed. Aveer Foods Limited will have to issue and allot 40,28,252 equity shares to the shareholders of Chordia Food Products Limited, as of the record date of August 4, 2022. The transaction is approved by the Hon'ble National Company Law Tribunal, Mumbai on July 1, 2022.
Chordia Food Products Limited completed the Spin-Off of Aveer Foods Limited (BSE:543737) on August 4, 2023. The Board of Directors of Aveer Foods in its Board Meeting held on August 4, 2022, has allotted 40,28,252 Equity Shares to the shareholders of Chordia Food Products.
Aveer Foods Limited is an India-based company. The Company is engaged in the business of manufacturing of pickles, ketchups, sauces, chutneys, thecha and handmade and machine-made papad. The Company's products are offered under the Pravin brand. It offers pickles, such as mango pickle, mixed pickle, lime pickle, green chilli pickle, lime - green chilli pickle, and gor-keri pickle. It offers chutneys, such as panipuri chutney, classic tamarind chutney, date tamarind chutney, bhelpuri chutney, samosa chutney, green chuteny delhi chat chuteny, and schezwan chutney. It offers sauces, such as red chilli sauce, hot and sweet sauce, soya sauce, and green chilli sauce. Its special range includes Pravin Chunda, Pravin Murabba, and Sweet Lime Pickle. Its papad include special udid papad, moong papad, potato red chilli papad, red chilli tikli papad, and special Punjabi papad.