Ceylon Finance Today: Renuka Foods plc upped its stake in Renuka Agri Foods plc to 56.27%, after buying 34.76 million shares of the latter company from Gracekennedy Ltd., of Jamaica for a total consideration of Rs 139.02 million. These shares were bought at Rs 4 per share.
The Renuka Group of companies is controlled by its Executive Chairman Dr. S. R. Rajiyah and his wife I.R.Rajaiyah, its Executive Deputy Chairperson. (PGA)
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