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Hatsun Agro Product Ltd board reviews expansion projects
Posted On : 2021-04-27 20:58:13( TIMEZONE : IST )
The Board of Directors of Hatsun Agro Product Ltd., at its meeting held today (i.e., 27th April 2021) has approved and noted the status of expansion projects.
Milk and Milk Products Plant in Solapur, Maharashtra:
The Plant has been installed with a capacity of 6 LLPD and already started commercial production from the last week of January, 2021. Further, the Company is in the process of increasing the capacity by 50,000 LPD to produce Lassi and Butter Milk and this expansion is likely to be completed by September 2021.
Milk Products Plant in Udhiyur, Dharapuram, Tamil Nadu:
The Company has already installed manufacturing facilities for Paneer with a capacity of 5 MT per day and commenced commercial production from end of January 2021. Further, the Company is now in the process of setting up milk processing unit with a capacity of 3.0 LLPD which is likely to commence the commercial production by the end of June 2021.
Ice Cream plant in Govindapur in Zaheerabad taluka, Sangareddy district, Telangana:
The construction activities are going on and the Plant with a capacity of about One Lakh Kgs per day is expected to be commissioned by the end of September, 2021. The estimated capex is about Rs.311 Crores.
Proposed Dairy Plant in Northern Andhra Pradesh:
The Company is in the process of identifying required land to set up the Dairy Plant in the Northern part of Andhra Pradesh.
Solar power generation through Swelect Sun Energy Private Limited:
This project is under progress and the Company is expected to start consuming solar power through this Project to the extent of about 2.25 crores units annually and this is expected to be completed by May 2021.
Shares of HATSUN AGRO PRODUCT LTD. was last trading in BSE at Rs.813.95 as compared to the previous close of Rs. 781.35. The total number of shares traded during the day was 4348 in over 612 trades.
The stock hit an intraday high of Rs. 814.55 and intraday low of 794. The net turnover during the day was Rs. 3508406.
