Mangalam Global Enterprise Limited — Important, 07-01-2025: General Updates
07-01-2025 | 11:39 am
07-01-2025 | 11:39 am
The company has commenced production at its newly acquired Edible Oil Refinery and Packing Unit in Gujarat, which boasts an installed capacity of approximately 200 metric tonnes per day, alongside an oil seed crushing plant with a capacity of 20 metric tonnes per day. This expansion, with an investment of ₹10.87 crore, is anticipated to drive an increase in revenue of around ₹400 crore annually. The operational launch signifies a strategic move to bolster production capabilities, potentially enhancing market competitiveness and underscoring the company’s growth trajectory. Investors should view this development as a positive outlook for revenue growth and operational efficiency.
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