Rei Agro

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  Case Against J&K Bank's Former Chairman, 18 Others In Loan Case

  The CBI has booked former J&K Bank chairman Mushtaq Ahmad Shaikh and 18 others for a Rs 800 crore loss to the bank caused due loans to REI Agro, which were issued in violation of guidelines, without tangible security and on fake documents

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  Probe Agency Attaches Rs 480 Crore Assets Of Basmati Rice Firm Over Fraud

  The Enforcement Directorate today said that it has attached assets worth over Rs 480 crore of REI Agro Ltd, a prominent basmati rice processing company, in connection with an alleged multi-crore bank loan fraud case.

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  REI Agro Chairman, Promoter Arrested By CBI In 3871 Crore Bank Loan Fraud

  The CBI today arrested the chairman of REI Agro along with a promoter of the company in connection with an alleged bank loan fraud of Rs 3,871 crore.

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  This Zombie On India Sick-List Of About 6,000 Firms Lost $2 Billion Value

  A closer look at the sick-list of Indian companies restructuring under a three-decade old state program shows why the nation badly needs its new bankruptcy system.

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  RBI Questions Banks For Lending Rs 5,262 Crore To REI Agro

  Out of 21 banks, 20 banks reported the account as fraudand one bank had sold the account to Asset Reconstruction Company.

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  Corporation Bank to Write Off Rs 532-Crore Loan to REI Agro

  State-run Corporation Bank on Tuesday said it will technically write-off a Rs 532-crore loan given to REI Agro, which is under the CBI scanner for alleged loan fraud, in the December quarter after making full provisions.

• SAT upholds Sebi order against REI Agro promoters, 7 others

  REI Agro promoters -- Kaushalaya Devi Jhunjhunwala, Sangita Jhunjhunwala and Suruchi Jhunjhunwala -- along with other connected entities were found by a Sebi probe to have indulged in synchronised trades that created artificial volume and also influenced the company's share price.

• Rei Agro Q3 net profit doubles to Rs 249.62 crore

  Basmati rice processor Rei Agro today reported an over two-fold jump in the consolidated net profit at Rs 249.62 crore for the third quarter ended December, 2012 on account of increased sales. The company's net profit was Rs 123.8 crore in the same quarter last fiscal year.

• Rice stocks soar as minimum export price on Basmati scrapped

  Kohinoor Foods was up 11.4 per cent to Rs 31.30, while REI Agro jumped 9.5 per cent to Rs 10.95 on the BSE.

• Rei Agro Ltd - Fixes Book Closure for Final Dividend & AGM

  Rei Agro Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 26, 2011 to September 28, 2011 (both days inclusive) for the purpose of Payment of Final Dividend & 17th Annual General Meeting (AGM) of the Company to be held on September 29, 2011.

• Rei Agro Ltd - Resignation of CEO

  Rei Agro Ltd has informed BSE that Mr. Munishwar Vasudeva, Chief Executive Officer of the Company, has resigned from the Company.

• REI Agro leads gainers in 'A' group

  Marico, MMTC, Apollo Hospitals Enterprise and GTL Infrastructure are among the other gainers.Basmati rice maker REI Agro surged 11.99% to Rs 32.70. The stock topped the gainers in BSE's 'A' group. FMCG company Marico galloped 7.79% to Rs 124.60. It was the second biggest gainer in 'A' group. State-run trading company MMTC jumped 6.08% to Rs 32,361....

• Rally in REI Agro fizzles out

  REI Agro fell 2.07% to Rs 33.15 at 9:27 IST on profit booking after the stock surged 20.89% in the preceding four trading sessions.Meanwhile, the BSE Sensex was down 75.20 points, or 0.42%, to 17,655.04. On BSE, 48,000 shares were traded in the counter as against an average daily volume of 3.63 lakh shares in the past one quarter.The stock hit a hi...

• Rally in REI Agro fizzles out

  REI Agro fell 2.07% to Rs 33.15 at 9:27 IST on profit booking after the stock surged 20.89% in the preceding four trading sessions. Meanwhile, the BSE Sensex was down 75.20 points, or 0.42%, to 17,655.04. On BSE, 48,000 shares were traded in the counter as against an average daily volume of 3.63 lakh shares in the past one quarter. ...

• REI Agro leads gainers in 'A' group

  Basmati rice maker REI Agro surged 14.76% to Rs 30.40. The scrip topped the gainers in BSE's 'A' group. The company has fixed 8 June 2010 as the record date for issuing 2 rights shares of face value Re 1 each for every one equity share held. The rights issue, priced at Rs 19.50 each, is at 35.85% discount to the current market price. IT company Ora...