Prataap Snacks Limited Announces Shifting of Operations of Guwahati Plant 1 to Other Manufacturing Locations
February 06, 2024 at 11:33 am EST
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Prataap Snacks Limited announced that in order to bring operational efficiency and synergy the operations of Guwahati Plant 1 of the Company situated at North Guwahati, IOC Road, Main Road, Gauripur, Near Gauripur Thana, Amingaon, Dist. Kamrup, Guwahati 781031, Assam have been shifted to other manufacturing locations of the Company, as per the requirement of respective plants of the Company. The amount and percentage of turnover
contributed by Guwahati Plant 1 was INR 1,475.4 million, approximately 9% of overall turnover of the Company during the last financial year.
The net worth contribution by Guwahati Plant 1 was approximately 2.53% of the overall net worth of the Company during the last financial year. Date of closure/shifting or estimated time of closure/shifting: December 31, 2023.
Prataap Snacks Limited is an India-based company that is engaged in processing, manufacturing and sale of various types of potato-based snacks, extruded snacks, namkeen and ethnic sweets under the brand name, Yellow Diamond. The Company operates in the Snacks Food segment. It offers products in three categories: Extruded Snacks, Potato Chips and Namkeen. Its extruded snacks include processed, reconstituted, shaped, potato or cereal-based snacks, which may be flavored or unflavored. It also offers puffed snacks. The Company's portfolio of extruded snacks is divided into shaped extruded snacks, which consists of pellets (scoops and wheels) and random extruded snacks, which include Chulbule (savory sticks). Its range of products includes Foochka Gol Gappa, Cookies, Mini Maska Bun, Masala Pipe, Stix, Sweet & Tangy Pillows, Rich Feast Cookie cake, Katori, Rich Feast Choco Vanilla cake, Kurves, Rings, Chips, Puffs, Popcorn, Scoops, Fungroo, and others.