Amira Nature Foods Ltd (the "Company") (NYSE: ANFI), a global providerof packaged specialty rice, today announced that it has received notification from the New York Stock Exchange (the "NYSE") that theCompany has regained compliance with the NYSE's continued listingstandard regarding the price of Amira's ordinary shares.
The Company had received notification regarding the price deficiency onNovember 16, 2018. The NYSE requires that the average closing price of alisted company's shares be no less than US$1.00 per share over aconsecutive 30 trading day period and close above US$1.00 per share onthe last trading day of the month to regain compliance. The Company hasbeen notified by the NYSE that is has cured the price condition andregained compliance with all NYSE continued listing requirements as ofMarch 29, 2019.
Further information on the Company, including an updated investorpresentation and other information, can be found on the Company’swebsite at www.amira.net
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