Plant Veda Foods Ltd. (TSE:MILK) has released an update.
Plant Veda Foods Ltd., a producer of dairy-alternative products, has reported a bi-weekly default status after failing to meet the filing deadline for its annual financial statements due to the acquisition of Nora’s Non-Dairy Ltd. The management cease trade order (MCTO) imposed affects only the company’s CEO and CFO, not other shareholders, and Plant Veda is working towards filing the required documents by June 29, 2024. The company continues to commit to its mission of promoting a plant-based lifestyle and has not reported any material changes since the default announcement.
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