Rahima Food Corporation Ltd. was incorporated on 06 June, 1990 as a Private Limited Company in Bangladesh under Companies Act 1913 and subsequently had been converted into a Public Limited Company on 28th June, 1996. It went for Initial Public Offering of shares in 1997 and its shares are now listed with Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange PLC.
Rahima Food Corporation Ltd. originally had been established for more than two decades ago as an edible oil producing and marketing company. In December, 2017, the management of the Company had decided to change its nature of business, as it had been sustaining loss year to year. After due consideration of all factors they had decided to set up a Coconut Oil producing plant for producing and marketing of Coconut oil. A new plant for this purpose had been established, which commenced commercial operation in February, 2022. As per reference of Price Sensitive Information dated July 01, 2025 Production activity of Coconut oil producing plant will remain suspended.
For more profitable operation of the company, the management further had decided in February, 2022 to set up a plant for processing and packing of Cashew Nuts for marketing the product at home and abroad and another plant for bottling of Soybean oil and mastered oil for local marketing. The plant for processing and packing of Cashew Nuts had been established which commenced commercial operation in May, 2022. The work for establishment of the plant for bottling of soybean oil and mustered oil has been completed very recently and is preparing for commencing commercial operation, As per Price Sensitive Information on 18 December, 2025, the plant for bottling of Soybean oil and Mustered oil will be operated under "CMA" agreement between Rahima Food Corporation Ltd. and City Edible oil Ltd.