Rice Exporter Amir Chand Jagdish Kumar Raises ₹13 Crore

A basmati rice exporter called Amir Chand Jagdish Kumar (Exports) Ltd needed money to grow, so they got some investors to give them Rs 13 crore.

This is like getting a small loan before they ask the public for a bigger loan through something called an IPO.

The company sold some of its shares to raise this money.

With the money, the company will be able to buy the things it needs to sell more rice and other food items.

They plan to raise even more money through an IPO to help its business grow.