Gopal Snacks enters into Long-Term agreements for Third-Party Manufacturing Facilities in Karnataka and Uttarakhand

Gopal Snacks Limited ("the "Company") (BSE: 544140; NSE: GOPAL) a leading FMCG company in India renowned for its high-quality snack products, has entered into long-term agreements for third-party manufacturing facilities at Hiryur (Karnataka) and Kashipur (Uttarakhand).

The facilities will enable the Company to deepen market penetration and strengthen its distribution network in both Southern and Northern regions of India, ensuring continued growth momentum and enhanced service to trade partners.

Details of the Hiryur (Karnataka) Plant:

- Installed Capacity: 4,400 MTPA
- Product Portfolio: Wafers, Snack Pallets, Corn Products
- Operational Strategy: Focused on strengthening presence in the South, servicing dealers more effectively, and ensuring deeper market penetration.

Details of the Kashipur (Uttarakhand) Plant:

- Installed Capacity: 5,900 MTPA
- Product Portfolio: Namkeen (including Gathiya), Snack Pallets, and Corn Products
- Operational Strategy: Focused on strengthening presence in the North, servicing dealers more effectively, and ensuring deeper market penetration

Commenting on the agreement, Mr. Bipin Hadvani, Chairman said, "The establishment of these facilities in Hiryur and Kashipur marks a significant step in our journey to build a stronger and more flexible supply chain. By leveraging strategic partnerships through third party arrangements, we are enhancing our ability to serve customers across India while maintaining the quality and scale that our brand is known for. These facilities will not only support deeper market penetration in key regions but will also strengthen our relationships with dealers and distributors. We remain committed to delivering high-quality products and creating long-term value for all stakeholders."

Shares of Gopal Snacks Limited was last trading in BSE at Rs. 363.55 as compared to the previous close of Rs. 362.90. The total number of shares traded during the day was 14719 in over 524 trades.

The stock hit an intraday high of Rs. 367.45 and intraday low of 360.05. The net turnover during the day was Rs. 5363006.00.

Source : Equity Bulls

Keywords

INE0L9R01028 GopalSnacks PackagedFoods LongTermAgreements ThirdParty ManufacturingFacilities Karnataka UP