Team24 Consumer Products

Kore Foods Limited is a publicly listed company that formerly operated in the food processing industry and is now in a significant transitional period. The company's core philosophy is a strong commitment to the best corporate governance practices, with a culture of ethical business conduct guiding all activities. Its governance framework ensures effective engagement with stakeholders by providing timely disclosures and accurate information on financial performance and leadership. The company has formally discontinued its primary business operations, and its financial accounts are consequently prepared on a non-going concern basis. Currently, the company is in discussion with merchant bankers to find suitable strategic partners to develop new business ventures for the benefit of shareholders. As a result of accumulated losses, the company's net worth has been fully eroded, and it reported a financial loss of Rs. 38.04 Lacs.;