Heritage Foods Ltd has sold Equity Shares of Praxis Home Retail Limited

Heritage Foods Limited has disposed off its entire holdings of 8,92,371 equity shares with a face value of Rs.5/- each held in Praxis Home Retail Limited.

The above shares allotted to the Company by Praxis Home Retail Limited, pursuant to the Composite Scheme of Arrangement among Future Retail Limited and Bluerock eServices Private Limited and Praxis Home Retail Limited on 8th December, 2017.

These above shares were sold through Stock Exchange in Open Market in various tranches and the net amount of Rs.3.94 Crores was received by the company.

Shares of Heritage Foods Limited was last trading in BSE at Rs.295.7 as compared to the previous close of Rs. 297.8. The total number of shares traded during the day was 6577 in over 539 trades.

The stock hit an intraday high of Rs. 297.2 and intraday low of 293. The net turnover during the day was Rs. 1942685.

Shares of Praxis Home Retail Ltd was last trading in BSE at Rs.50.8 as compared to the previous close of Rs. 46.7. The total number of shares traded during the day was 33762 in over 388 trades.

The stock hit an intraday high of Rs. 51.35 and intraday low of 42.2. The net turnover during the day was Rs. 1699015.

Source : Equity Bulls

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