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Ajooni Biotech, IKSL enter into strategic, exclusive agreement

09 Feb 2022 Evaluate

Ajooni Biotech (ABL) and IFFCO KISAN Sanchar (IKSL) have entered into a strategic and exclusive agreement, whereby ABL would manufacture Feed Supplements for IKSL on a pan India basis.

This strategic arrangement would diversify ABL products stream from mere cattle feeds business towards high-value supplement business. The company will have to set up new state of the art manufacturing facilities to cater to the supplies of IKSL. Also, the company will have to create a nationwide logistic network to execute the orders through the already established dealer and distributor network of IKSL.

Also, the company is in the advanced stage of Research for the development of new animal health care products i.e Mineral Mixture, Liver tonic and other unique products of Veterinary supplements and will be launched jointly with IKSL in the market within the next few months.

Ajooni Biotech is a paramount manufacturer and supplier of superior quality of Patanjali Samvriddhi, Patanjali Garbhanjali, Patanjali Batisa-Pro etc.

Peers
Company Name CMP
Godrej Agrovet 606.70
Avanti Feeds 1461.80
KSE 208.50
Mukka Proteins 23.97
Prima Agro 15.47
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