NHC Foods has received an approval to sell Pardi Factory and admin office at Santacruz (East), Mumbai and locate the same under one roof at Vashi, Navi Mumbai. This step has been taken with a view to reduce administrative cost & have better administrative control over the manufacturing activities.
The board of directors at its meeting held on August 22, 2017 has approved for the same. However the same is subject to the approval of shareholders through postal ballot to be held shortly.
NHC Foods is a supplier of ground spice products. The company is engaged in the grinding and processing of spices.