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Company Profile

SPECTRUM FOODS LTD.

NSE : NABSE : 531982ISIN CODE : INE547C01018Industry : Consumer FoodHouse : Private
BSE30.061.42 (+4.96 % )
PREV CLOSE (Rs.) 28.64
OPEN PRICE (Rs.) 28.64
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 20733
TODAY'S LOW / HIGH (Rs.)28.00 30.07
52 WK LOW / HIGH (Rs.) 17.34 42.45
NSE
This Company is not listed in NSE

Company News

Date Heading Details
14-Mar-2024 Spectrum Foods informs about outcome of board meeting <div>Spectrum Foods has informed that it enclosed Outcome of the meeting of the Rights Issue Committee of Spectrum Foods (the Company) under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
16-Feb-2024 Allotment of Equity Shares Inter alia, approved:- 1.In addition to the Board of Directors Meeting held on October 10, 2023, the Board had considered and approved, raising of funds by way of offer and issue of equity shares to the existing members of the Company on rights basis (Rights Issue), at such price and right entitlement ratio as may be decided by the Board, for an amount aggregating up to Rs. 40 crores, further the terms of the proposed Rights Issue, shall be amended from "FULLY PAID-UP EQUITY SHARES" to "PARTLY PAID-UP EQUITY SHARES?, subject to necessary approvals and consent as may be necessary / required for compliance of applicable laws, including the provisions of the SEBI (ICDR) Regulations, 2018, as amended, the SEBI (LODR) Regulations, 2015, as amended and the Companies Act, 2013 as amended. 2.All other terms and conditions as stipulated in the Board Resolution dated October 10, 2023, related to the Rights Issue, shall remain unaltered.
12-Dec-2023 Spectrum Foods informs about updates <p style="text-align: justify;">Spectrum Foods has informed about the latest development regarding its prestigious luxury resort project in Pushkar. The construction is in full swing, with approximately 150 dedicated workers on site working diligently to insure the timely completion of this remarkable project.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
17-Nov-2023 Spectrum Foods informs about change in directorate <div style="text-align: justify;">Spectrum Foods has informed that it enclosed the brief profile along with the details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 in respect of Gajendra Singh Rathore who has been appointed as Independent Director on the Board of the Company. It also informed that appointment of Gajendra Singh Rathore was duly approved by Members on the recommendation of the Nomination and Remuneration Committee through Postal Ballot ended Wednesday 15.11.2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
20-Oct-2023 Spectrum Foods informs about debt reduction update <p style="text-align: justify;">Spectrum Foods has informed that the company (SFL), a leading player in the salt and green energy industry, has achieved a significant milestone in its financial journey. As of the current financial quarter, SFL is on course to become debt-free using internal accruals. SFL's bank debt, which once stood at INR 22.5 crore in 2015, is currently less than INR 1 crore, reflecting an impressive 97% reduction in debt over the past years. By eliminating external debt and relying on internal accruals, the company is further strengthening its financial options to invest in its businesses - including SFL's ambitious 5-star resort project in Pushkar, Rajasthan which is under construction and will have more than 150 rooms. The company remains committed to maintaining transparency and adherence to all regulatory requirements and will continue to keep updated on any significant developments in its financial performance and operations.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>
25-Sep-2023 Spectrum Foods gets all permissions for resort in Pushkar <p style="text-align: justify;">Spectrum Foods has received all necessary permissions from Government Department for construction of 185 rooms for upcoming luxury resort project in Pushkar, Rajasthan. This new project is set to be a major attraction in the region, offering high-end amenities and world-class hospitality to the guests.</p><p style="text-align: justify;">Spectrum Foods is committed to ensure that the resort is constructed with the highest quality materials and in adherence to strict safety standards. The company has already started construction of this project at Pushkar Site and it will be completed within period of 18-24 months.</p><p style="text-align: justify;">Spectrum Foods is engaged in the manufacture and sale of spices and industrial salt in India. It is also involved in the share trading activities. The company is based in Jaipur, India.</p><div style="text-align: justify;"><br></div>
25-Sep-2023 Spectrum Foods zooms on getting all permissions for resort in Pushkar <p style="text-align: justify;">Spectrum Foods is currently trading at Rs. 57.28, up by 4.49 points or 8.51% from its previous closing of Rs. 52.79 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 57.99 and has touched a high and low of Rs. 57.99 and Rs. 54.01 respectively. So far 4642 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 68.40 on 19-Jan-2023 and a 52 week low of Rs. 17.84 on 28-Sep-2022.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 57.99 and Rs. 48.00 respectively. The current market cap of the company is Rs. 27.77 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 42.03%, while Non-Institutions held 57.97% stake in the company.</p><p style="text-align: justify;">Spectrum Foods has received all necessary permissions from Government Department for construction of 185 rooms for upcoming luxury resort project in Pushkar, Rajasthan. This new project is set to be a major attraction in the region, offering high-end amenities and world-class hospitality to the guests.</p><p style="text-align: justify;">Spectrum Foods is committed to ensure that the resort is constructed with the highest quality materials and in adherence to strict safety standards. The company has already started construction of this project at Pushkar Site and it will be completed within period of 18-24 months.</p><p style="text-align: justify;">Spectrum Foods is engaged in the manufacture and sale of spices and industrial salt in India. It is also involved in the share trading activities. The company is based in Jaipur, India.</p><div style="text-align: justify;"><br></div>
13-Jul-2023 Spectrum Foods informs about appointment of CS cum CO <div style="text-align: justify;">Spectrum Foods has informed that the Board of Directors at their meeting held today Thursday, 13 July, 2023 at 12:00 PM at the registered office of the company at L-5, B-II, Krishna Marg, C-Scheme, Jaipur, has transacted and approved the following: Appointment of Jyoti Devnani as Company Secretary cum Compliance Officer of the Company, Other business as and if put before the Board. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 with respect to Appointment of Company Secretary of listed entity are enclosed in Annexure 1.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>