Mrs Bectors Food Specialities will hold a meeting of the Board of Directors of the Company on 25 November 2024Powered by Capital Market - Live News

The Board of Mrs Bectors Food Specialities at its meeting held on 25 November 2024 has appointed Dinesh Kumar Sindwani (DIN: 02317742) as an Additional Director of the Company, designated as Non-Executive Independent Director. Powered by Capital Market - Live News

Net profit of Mrs Bectors Food Specialities rose 4.45% to Rs 38.94 crore in the quarter ended September 2024 as against Rs 37.28 crore during the previous quarter ended September 2023. Sales rose 19.72% to Rs 496.29 crore in the quarter ended September 2024 as against Rs 414.53 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales496.29414.53 20 OPM %14.2015.60 - PBDT71.8564.96 11 PBT52.5049.96 5 NP38.9437.28 4 Powered by Capital Market - Live News

Mrs Bectors Food Specialities has received upgrade in credit ratings from ICRA for bank facilities aggregating Rs 425 crore as under:Long term rating - ICRA AA; Stable Short term rating - ICRA A1+Powered by Capital Market - Live News

Mrs Bectors Food Specialities has allotted 25,80,645 equity shares of face value of Rs 10/- each, to eligible QIBs at the issue price of Rs 1,550.00/- per equity share including a premium of Rs 1,540.00/-per equity share, (which includes a discount of 1.77% (i.e. Rs 27.85 per equity share) to the floor price amounting to Rs 1,577.85/- per equity share, as determined in terms of SEBI ICDR Regulations), aggregating to Rs 400 crore, pursuant to the QIP.Pursuant to the allotment of equity shares under the QIP, the paid-up equity share capital of the Company stands increased to 6,13,98,119 equity shares of face value of Rs 10/- each. Powered by Capital Market - Live News