Chatha Foods Invests ₹1.2 Cr in Subsidiary Allana CF Foods

Chatha Foods Limited has announced the allotment of 11,96,700 equity shares of Rs. 10 each at par, aggregating to Rs. 1,19,67,000, in its subsidiary, Allana CF Foods Private Limited. This subscription to the Rights Issue by the subsidiary will result in Chatha Foods Limited holding 69.79% of Allana CF Foods' equity. The transaction is considered an arm's length basis, with no additional interest from the promoter/promoter group beyond the company's existing shareholding. Allana CF Foods operates in the food industry and was incorporated on April 08, 2025.