Basant Agro Tech India Ltd takes possession of plant in Hospet

Basant Agro Tech India Ltd has announced that the Company has taken possession of the NPK Granulated Mixture Fertilizers plant of Karthikajyoti Agro Pvt Ltd Hospet in Karnataka having installed capacity of 60,000 TPA. The production of fertilizer will start by end of March 2007. With this the Total capacity of the Company to produce NPK Mixture granulated Mixture fertilizer will go up to 1,50,000 TPA. With this enlarged area of operation of the Company bottom line of the Company is expected to improve. By this way the Company will be able to sell its products in the green belt of Northern Karnataka where there is excellent demand for the NPK Granulated Mixture fertilizers.

Source : Equity Bulls

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