Renuka Agri Foods PLC inform to Colombo Stock Exchange that the company has invested in 4,350,000 Ordinary Shares of its fully owned Subsidiary Renuka Organics (Pvt) Ltd of No. 69, Sri Jinaratana Road, Colombo 2, at Rs 140/= per share to a value of Rs 609,000,000/= on 27th February 2015. Renuka Organics (Pvt) Ltd is engaged in manufacturing and marketing certified organic agriculture products. Its subsidiary is engaged in plantations. The company will invest in plantations and other vertical integration projects to improve the supply chain.
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