NFP Sampoorna Foods Limited Launches CNSL Extraction Facility, Approves Up To ₹150 Lakh Term Loan
NFP Sampoorna Foods Limited is undertaking a significant expansion initiative by setting up a new specialized oil plant for Cashew Nut Shell Liquid (CNSL) extraction. The facility is designed to enhance resource utilization and diversify the company's product portfolio by converting cashew nut shells into high-value industrial raw material.The Board of Directors approved the installation of the CNSL extraction facility at the company’s location in Neemrana, Alwar, Rajasthan. This project is expected to be implemented during Financial Year 2026-27.
CNSL is a strategically important bio-based industrial raw material. It serves as a sustainable alternative to petroleum-derived chemicals and is utilized in the manufacture of resins, coatings, laminates, paints, friction materials, and various specialty chemical products. By developing this capacity, NFP Sampoorna Foods Limited aims to add value to its operations and meet growing demand for sustainable inputs.
The company's plans, which focus on increasing efficiency and product diversification, are detailed below:
| Manufacturing Area | CNSL Production Details |
|---|---|
| Specialty Chemicals & Bio-based Industrial Materials | The facility will manufacture Cashew Nut Shell Liquid (CNSL), a sustainable and renewable alternative to petroleum-derived chemicals. |
| Expected Benefits | The CNSL extraction process allows the company to utilize cashew nut shells generated during kernel processing, creating a versatile industrial raw material for resins, coatings, paints, and laminates. |
| Aim | To enable the production of a value-added bio-based industrial raw material, diversify the product portfolio, and enhance operational efficiency. |
In addition to establishing the CNSL plant, the company has approved securing financing to support this undertaking. The Board sanctioned the availing of a term loan up to ₹150 Lakhs from a scheduled commercial bank and/or financial institution. This loan is contingent upon the execution of definitive agreements and fulfillment of all applicable terms and conditions.
NFP Sampoorna Foods Limited is a established processor and exporter of premium-quality cashew kernels, committed to operational excellence and sustainable value addition within the food processing industry. The new CNSL facility strengthens the company's commitment to environmental responsibility while expanding its reach into allied industrial segments.
NFPSAMPOOR Stock Price Movement
As of 11:24 AM, shares of NFP Sampoorna Foods Limited are shedding significantly as the stock dips by 4.89%, currently trading at ₹23.35. The equity saw a volume of 52,000 shares traded so far into the live market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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