The government has imposed a minimum export price (MEP) of $490 per tonne on the non-basmati white rice category.
The ban on non-basmati white rice was imposed in July 2023 with an aim to boost domestic supply.
Following this announcement, shares of Kohinoor Foods (up 15.59%), Chaman Lal Setia (up 3.89%), KRBL (up 1.28%) and LT Foods (up 1%), edged higher.