Heritage Foods approves share issue

Hyderabad, Feb 8: The board of directors of Heritage Foods has approved the issue and allotment of eight lakh warrants to Mr Nara Lokesh, son of Mr N. Chandrababu Naidu, former Chief Minister of Andhra Pradesh, at Rs 315 a warrant. The board also approved issue and allotment of 10 lakh shares to Kotak India Focus Fund of Kotak Mahindra (UK) Ltd at Rs 350 a share, the company informed the Bombay Stock Exchange.