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KRBL Limited Expands Business Scope with Real Estate Development

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KRBL Limited Expands Business Scope with Real Estate Development

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The latest update is out from KRBL Limited ( (IN:KRBL) ).

KRBL Limited has announced an amendment to its Memorandum of Association, approved by its shareholders during the 32nd Annual General Meeting. The amendment involves the addition of ‘real-estate development and allied activities’ to the company’s objectives, allowing KRBL and its subsidiaries to engage in property development. This strategic move aims to diversify the company’s operations beyond its established agri-foods business, potentially enhancing long-term shareholder returns and positioning KRBL for growth in the real estate sector.

More about KRBL Limited

KRBL Limited operates in the agri-foods industry, primarily focusing on the production and distribution of rice and related products. The company is known for its basmati rice and has a significant market presence in both domestic and international markets.

Average Trading Volume: 109,806

Technical Sentiment Signal: Buy

Current Market Cap: 89.29B INR

See more data about KRBL stock on TipRanks’ Stock Analysis page.

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