White Organic Agro has received first direct letter of intent for supply of various food grains (viz : rice, wheat & different types of pulses) upto Rs 110 crore to be supplied in the domestic market under the need to feed program. This would be company’s foundation stone in the bulk supply domestic market and would help widen the horizon into the vast scalable business of food grains in India.
Initially, in FY22 the company has supplied food grains worth Rs 8 crore under the same program to the same group company. As the capacity and the order book in increasing, going forward with a scope of converting the same into a long term contract and in order to facilitate and assure uninterrupted supply the management would soon finalize in the indirect farming business for cultivation, warehousing and business of Rice in the northern states, wheat and pulses in the western states of India.
White Organic Agro is engaged in farming and cultivation, distribution and retail and exports.
Company Name | CMP |
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Adani Enterprises | 3290.70 |
Redington | 199.35 |
Amrapali Industries | 14.50 |
Rashi Peripheral | 323.50 |
Compuage Infocom | 3.95 |
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