Baba Agro Food to migrate to NSE Main Board
Board of Directors of Baba Agro Food approved the migration of the company from SME platform to the Main Board of NSE.
Company : Sri Krishna Metcom Limited
As per the report published by Baba Agro Food, the Board of Directors approved the proposal of migration of equity shares of the company from SME platform of National Stock Exchange (NSE Emerge) to Main Board of National Stock Exchange Limited
On September2017, Baba Agro Food issued its equity shares at a price of Rs.55 each (including share premium of Rs.45 per share), aggregating to Rs.1,925 Lakhs. The current trading price of Baba Agro Food is Rs.70 per equity share.
Baba Agro Food Company is in the business of processing of non-basmati rice and basmati rice in India. They are one of the largest processors of non-basmati rice with a milling capacity of 350 Metric tons per day in the State of Jharkhand.