Gopal Snacks Ltd strengthens Backward Integration by starting 4th Vertically Integrated Manufacturing Facility at Gondal, Rajkot - Gujarat

Gopal Snacks Limited, ("Gopal Snacks Ltd" or the "Company") (BSE: 544140; NSE: GOPAL) a leading FMCG company in India known for its high-quality snack products announces the establishment of a new raw material processing unit in Gondal, Rajkot - Gujarat.

As part of its strategic backward integration initiative, the company has acquired 29,341 square meters of land for a state-of-the-art processing facility. The facility will span a total construction area of 84,292 square feet, of which 38,813 square feet have already been completed. The remaining construction is anticipated to be completed within the next six months, with full-scale operations expected to begin in the first half of FY 2026. With this addition, the company will now have total 7 manufacturing facilities across the country (3 Primary facility and 4 Ancillary Facility).

This new facility will process essential raw materials, including peanuts and various pulses such as Moong dal, Chana dal, and Udad dal. By securing a steady supply of these key ingredients, Gopal Snacks aims to enhance its product offerings and strengthen its supply chain. This initiative will not only ensure the consistent quality and availability of raw materials but also align with the company's ongoing commitment to innovation and product diversification.

In addition to the strengthening company's operational capabilities, this facility will create significant new job opportunities in the Gondal region, contributing positively to the local economy. Gopal Snacks Limited remains dedicated to sustainable growth, and the new unit will implement environmentally friendly practices and technologies to minimize its ecological impact.

Commenting on the development, Mr. Bipin Hadvani, Chairman said: "This land acquisition is a pivotal step in enhancing our operational capabilities. By integrating raw material processing into our supply chain, we gain greater control over quality, consistency, and availability. This move aligns with our long-term strategy of ensuring that Gopal Snacks continues to deliver high-quality products to meet the evolving demands of our consumers. The new facility will play a key role in strengthening our product offerings and further solidifying our position within the FMCG industry."

Shares of Gopal Snacks Limited was last trading in BSE at Rs. 412.65 as compared to the previous close of Rs. 408.55. The total number of shares traded during the day was 77387 in over 2252 trades.

The stock hit an intraday high of Rs. 419.05 and intraday low of 408.00. The net turnover during the day was Rs. 32003801.00.

Source : Equity Bulls

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INE0L9R01028 GopalSnacks PackagedFoods NewUnit RawMaterialProcessing