Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), one of India's leading integrated retail and food processing companies and a prominent exporter of agricultural and food products, is pleased to announce that it has received export authorization for wheat flour and related products.
The authorization has been granted by the Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, Government of India. With this approval, the Company is now authorized to export wheat flour and related products to its international customers across various global markets. This milestone further strengthens the company's export capabilities and reinforces its expanding global presence.
The development underscores the Company's strong export track record, robust manufacturing infrastructure, and unwavering commitment to maintaining the highest quality standards in compliance with international requirements.
Commenting on the development, Mr. Dhanji Patel, Chairman & Managing Director of Patel Retail Limited, expressed his delight, stating, "We are pleased to announce the receipt of export authorization, which marks a significant milestone for us and further reinforces our position as a reliable exporter from India. This achievement reflects our strong operational capabilities and the trust placed in us by the authorities. We remain committed to expanding our global footprint and consistently delivering high-quality products to customers worldwide."
Our Company continues to focus on strengthening its export business and contributing meaningfully to India's growing presence in the global food trade.
Shares of Patel Retail Limited was last trading in BSE at Rs. 180.35 as compared to the previous close of Rs. 179.25. The total number of shares traded during the day was 3815 in over 63 trades.
The stock hit an intraday high of Rs. 182.70 and intraday low of 178.20. The net turnover during the day was Rs. 683196.00.