Reserve Bank of India has notified that Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) can now invest from 24% to 100% of the paid up capital of Sita Shree Food Products, under the Portfolio Investment Scheme (PIS). The company has passed resolutions at its Board of Directors’ level and a special resolution by general body agreeing for enhancing the limit from 24% to 100% of the total paid up capital.
Sita Shree Food Products operates its manufacturing activities with three units - Wheat Processing, Pulse Processing & Integrated Soya Processing plant. The Company maintains strict quality control for all their products. The quality assurance team has adopted strict standards at each stage of production to achieve the best quality for Company's End Products.