Company Profile

Pursuant to Regulation 30 read with Schedule III Part A Para B of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Mayank Cattle Food has informed that as a forward integration step, the company announced about the launch of new product ‘Rapeseed Oil’. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI /HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023 are enclosed.

The above information is a part of company’s filings submitted to BSE.

Mayank Cattle Food has entered into agreement for acquisition of partnership firm, M/S Ajay Industries having its business at Ajay Industries, Station Road, Manavadar, Dist: Junagadh as a going concern basis with effect from April 01, 2024. This acquisition is in line with company’s strategy of expansion in the agriculture business.

Mayank Cattle Food stands as the foremost oil company, offering an extensive selection of products, including Edible Oil, Extracting Corn Oil, Cattle Food, Animal Food, and Cattle Food Cake.

Mayank Cattle Food has approved the proposal for acquisition of partnership firm, M/S Ajay Industries having its business at Ajay Industries, Station Road, Manavadar, by way of slump sale as a going concern basis.

This acquisition is in line with its strategy of expansion in the Agriculture business. Through this acquisition, the business of firm will be transfer to company as going concern basis.

Mayank Cattle Food stands as the foremost oil company, offering an extensive selection of products, including Edible Oil, Extracting Corn Oil, Cattle Food, Animal Food, and Cattle Food Cake.

Mayank Cattle Food is currently trading at Rs. 113.40, up by 0.50 points or 0.44% from its previous closing of Rs. 112.90 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 114.00 and Rs. 112.95 respectively. So far 3600 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.80 on 05-Feb-2024 and a 52 week low of Rs. 112.80 on 13-Mar-2024.

Last one week high and low of the scrip stood at Rs. 114.00 and Rs. 112.80 respectively. The current market cap of the company is Rs. 61.24 crore.

The promoters holding in the company stood at 71.70%, while Non-Institutions held 28.30% stake in the company.

Mayank Cattle Food has planned to acquire 6,500 equity shares of Rs 10 each representing 65% of the paid-up equity share capital of Company proposed to be incorporated in the name of ‘Nanogen Agrochem’. This acquisition is in line with company’s strategy of investing in the Agrochemical business.

Mayank Cattle Food stands as the foremost oil company, offering an extensive selection of products, including Edible Oil, Extracting Corn Oil, Cattle Food, Animal Food, and Cattle Food Cake.