Nature Bio Foods Ltd secures equity funding from Rabobank

LT Foods Ltd., an emerging Global Food Company with focus on Specialty Rice – Basmati, Organic Food and Rice based Convenience products announced that its Board of Directors at a meeting held on August 31, 2018 approved the infusion of equity capital by Rabobank’s India Agri Business Fund II Ltd. into NBFL, which is a wholly owned subsidiary of the Company. This facilitates investment of up to Rs.140 crore in the global organic foods business in one or multiple stages, subject to concerned parties meeting predefined conditions in the joint agreement.