India's Agro Tech climbs on approving license deal with Conagra Foods
** Shares of Agro Tech Foods AGRO.NS rise as much as 7.9%, biggest single day gain in two months to 897 rupees apiece
** The packaged snacks foods maker approves executing new license agreement with Conagra Foods RDM, a U.S. branded food company
** Conagra agrees to continue the perpetual and exclusive license for the Act II brand in India with AGRO
** AGRO will exclusively continue to use Act II brand in India
** Conagra, who was one of the largest shareholders of AGRO, exits its stake under the new agreement
** AGRO shares up 1.34% in 2024
Reporting by Bharath Rajeswaran in Bengaluru
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