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Business brief

Saturday, 23 September 2023 | Agencies

66th AGM of NAFED held

New Delhi: The 66th Annual General Body Meeting (AGM) of the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) took place on Friday in New Delhi. 558 delegates representing various societies and state federations, such as RAJFED, MARKFED-Punjab, BISCOMAUN-Bihar, BUNKUS, Delhi State Co-op Federation, and Ahilya Co-operative Society Federation, participated. NAFED Chairman Bijender Singh said during FY 2022-23, NAFED earned a net profit of remarkable `264.51 crore, seeing NAFED went through a dark period of extreme financial losses during 2010-2015. As on March 31, NAFED has registered 646 FPOs, aiding around 2.06 lakh farmers. The organisation's membership also grew from 974 to 994, resulting in an increased shared capital of Rs 43.07 crore from Rs 41.02 crore.

Inspire Films issues IPO

New Delhi: Inspire Films Limited, a Indian media production company, is set to launch an IPO comprising 35,98,000 shares at a price of `59 per share, with a face value of `10 each. The minimum investment lot comprises 2,000 shares. The IPO subscription window will open from September 25 to 27. Following the IPO, the company's shares will be listed on the NSE Emerge platform on October 9.  With a robust portfolio, Inspire Films has spearheaded numerous projects, including "Dear Ishq" for Disney+ Hotstar, "Tu Zakhm Hai" for MX Player

Big F Awards held

Gurugram: The 10th edition of The Big F Awards, organised by Indian Food Freak, in Gurugram was attended by the who’s who of the hospitality industry. “Our steadfast commitment to transparency and fairness remains the cornerstone of our values,” said the host Pawan Soni, Indian Food Freak founder. Chef Harpal Singh Sokhi, Chef Kunal Kapur, Sourish Bhattacharya, Marryam Reshii, Chef Amrinder Sandhu, Aslam Gafoor, Amin Ali and Khurafati Nitin were among the many luminaries who attended the most sought-after Big F Awards.

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