Heritage Foods Ltd to sell its stake in Future Retail Ltd and Praxis Home Retail Ltd

The Board of Directors of Heritage Foods Ltd, at its meeting held on 11th September 2020, has approved to sell/dispose off in part/total of 1,78,47,420 equity shares of Future Retail Limited and 8,92,371 equity shares of Praxis Home Retail Limited held by the Company, in one or more tranches through Open Market/appointed merchant banker/one or more buyer; and authorised Smt. N. Bhuvaneswari, Vice Chairperson & Managing Director of the Company to take necessary steps for implementing the same.

Shares of Heritage Foods Limited was last trading in BSE at Rs.338.25 as compared to the previous close of Rs. 341.5. The total number of shares traded during the day was 7635 in over 568 trades.

The stock hit an intraday high of Rs. 352.55 and intraday low of 335.6. The net turnover during the day was Rs. 2642762.

Shares of Future Retail Ltd was last trading in BSE at Rs.106.35 as compared to the previous close of Rs. 101.3. The total number of shares traded during the day was 121376 in over 1062 trades.

The stock hit an intraday high of Rs. 106.35 and intraday low of 104.4. The net turnover during the day was Rs. 12789728.

Shares of Praxis Home Retail Ltd was last trading in BSE at Rs.49.65 as compared to the previous close of Rs. 47.3. The total number of shares traded during the day was 17489 in over 79 trades.

The stock hit an intraday high of Rs. 49.65 and intraday low of 47.3. The net turnover during the day was Rs. 866086.

Source : Equity Bulls

Keywords