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Last Updated : 30 July 2010 at 11:35 IST
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Usher Agro lists on NSE from today

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MUMBAI (Commodity Online): Agro-processing firm, Usher Agro Ltd’s (BOM:532765) 22262239 equity shares are now officially listed on the National Stock Exchange (NSE) with scrip symbol of ‘USHERAGRO’ from today onwards.

The company informed about the listing on Thursday evening. Quoting an official circular No. NSE/CMLS/15315 Dated 28th July, 2010 with the company’s said amount of shares with the face value of the Rs. 10/- per equity share and paid up value also being Rs. 10/- per Equity Share will be listed on NSE from today onwards.

The equity shares will be available also for trading.

The equity share of Usher Agro is already listed on BSE (532765) and traded at Rs. 92.70 at the day closing as on July 29, 2010. It had a 52 week high at Rs. 108.90 as on July 13, 2010 and went as low as Rs. 31.00 in the past 52 weeks.

The company presently has the market capital of Rs.199 crore with a total traded value of Rs. 90.09 lakh.

The Company’s major business segments include rice and wheat milling. Usher Agro has charted its growth plan based on the opportunities available in food processing sector and have been consistently building up the processing capacity right from its inception.

Besides, rice milling USHER is also having Wheat flour milling facility of 75000 MTPA and captive co-generation power plant based on rice husk a bye product of rice milling activity.

With the recent establishment of the third unit of rice milling, USHER has become one of the leading rice millers in India.
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