Migration Details

  • Equity shares commenced trading on the Capital Market Segment (Main Board) of the National Stock Exchange of India Limited (NSE) effective August 12, 2026
  • Migration approved by National Stock Exchange of India Limited via NSE Circular Ref. No. NSE/CML/75660 (Circular No. 1314/2026) dated August 10, 2026
  • Migration represents successful transition from SME platform to Main Board after demonstrating consistent business growth, financial discipline, robust corporate governance, and compliance with exchange eligibility criteria

Business Growth Drivers

The company has strengthened its business fundamentals through:

  • Expansion of manufacturing capabilities
  • Diversification of product portfolio
  • Strategic acquisitions
  • Wider market penetration
  • Continued investment in building strong consumer brands

Strategic Acquisitions

  • Acquisition of "Madhur" brand, adding chocolates and candies to product range
  • Strategic acquisition of controlling stake in Andri Agro Foods Private Limited, enabling diversification into products such as soya chunks and pasta
  • Acquisitions strengthened manufacturing capabilities and market presence

Manufacturing Infrastructure

State-of-the-art facilities located in:

  • Asansol
  • Siliguri
  • Gurap
  • Dhulagarh
  • Indore

Supported by five white-label partners ensuring large-scale, efficient production.

Product Portfolio

Diverse portfolio includes:

  • Snacks
  • Namkeen
  • Biscuits
  • Cakes
  • Sweets
  • Confectionery
  • Chocolates and candies (through Madhur acquisition)
  • Soya chunks and pasta (through Andri Agro acquisition)

Market Presence

  • Products available across 20 states in India
  • International market presence
  • Robust distribution network
  • Focus on rural heartlands of Eastern and North-Eastern India

Expected Benefits of Main Board Listing

  • Enhanced visibility within capital markets
  • Facilitated wider participation by institutional and retail investors
  • Improved liquidity in equity shares
  • Stronger platform to support long-term strategic growth initiatives

Management Commentary

The management stated that the migration represents:

  • A proud and defining moment in the company's evolution
  • Reflection of confidence from shareholders, customers, business partners, financial institutions, and employees
  • Commitment to sustainable growth, operational excellence, sound corporate governance, and long-term value creation
  • Focus on strengthening brands, expanding distribution footprint, enhancing manufacturing capabilities, and pursuing growth opportunities

Company Mission

To deliver trusted quality, authentic regional taste, and exceptional value to every household.

Compliance Commitment

The company remains committed to maintaining the highest standards of transparency, governance, and regulatory compliance while pursuing sustainable and profitable growth across its businesses.