Sameera Agro And Infra Limited Plans Rs. 140 Crore Investment to Boost Processing Capacity
Sameera Agro And Infra Limited is undertaking a significant strategic initiative aimed at enhancing its operational efficiency and securing multiple avenues for revenue and business growth. The company's management has formulated a strategic investment proposal focused on setting up an integrated processing unit.The proposed investment for the new integrated unit is valued at Rs. 140 Crores (One hundred Forty crores only). This capital infusion is earmarked to build additional processing capacity, significantly expanding the company's handling capabilities.
The planned capacity expansion is detailed as follows:
| Metric | Capacity Details |
|---|---|
| New Capacity Added | 2 lakhs tonnes per annum |
| Existing Capacity | 1,50,000 tonnes per annum (leased basis) |
The strategic investment is designed to ensure uninterrupted, high-quality, and timely supplies to customers, while also implementing a balanced risk-benefit growth strategy.
Operational Scope and Facilities
The proposed integrated processing unit will cover a wide array of agricultural commodities and necessary infrastructure. Key areas of coverage include:- Processing of pulses and Cereals.
- Processing of paddy and Wheat.
- Processing of various types of millets, specifically including millets such as foxtail, Proso millets, Pearl millets, Finger millets, and Sorghum millets.
- Establishment of comprehensive facilities including cold storage, ware housing, and stock delivery points, which will have a combined capacity of 1,00,000 tonnes.
Management intends to convene a Board meeting shortly to discuss and finalize the details of this strategic investment proposal.
Sameera Agro And Infra Limited is represented by Managing Director and CEO Satya Murthy Sivalenka.
SAIFL Stock Price Movement
As of 11:20 AM, shares of Sameera Agro And Infra Limited are shedding 2.59% in live trading, currently hovering at ₹11.30. The stock has seen substantial activity, trading a volume of 56,000 shares as investors navigate the mid-day market.Source:
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