- Business
- Team24 Consumer Products Limited (formerly Kore Foods Limited), listed on the BSE under the ticker KORE.BO, engages in limited operations within the consumer food products sector following the discontinuation of its prior food processing activities; the company previously manufactured, sold, and exported processed nuts including cashew nuts, almonds, and pistachios in various roasted, salted, and flavored varieties, alongside dry fruits such as walnuts and mixed nuts, targeting five-star hotels, catering services, wholesalers, and retail customers. Incorporated in 1983 as Phil Corporation Limited, which was renamed Kore Foods Limited in March 2015 and further changed to Team24 Consumer Products Limited in August 2025, the company maintains its headquarters at Vision House, Tivim Industrial Estate, Mapusa, Goa, India, with operations primarily focused in India and past international exports. Recent developments include a preferential allotment of 14 million equity shares approved by the board in October 2024, funded by INR 140 million from Team24 Foods And Beverages Private Limited, alongside a share purchase agreement triggering an open offer for up to 22.57% of shares and in-principle BSE approval for the issuance in November 2024; these transactions represent a major capital infusion and potential shift toward new consumer products, beverages, dairy, packaged foods, cosmetics, and related trading, logistics, import, and export activities as outlined in updated business objectives.