Integra Essentia acquires substantial interest in rice processing facility in Bareilly

08 Aug 2022 Evaluate

Integra Essentia has acquired substantial interest in Rice Processing Facility located in Bareilly, Uttar Pradesh through a Joint-Venture Agreement with the existing stakeholders, wherein Integra Essentia shall hold 66% stakes in the Joint Venture which is having an already operational facility, having all requisite licenses and certifications to produce Premium Export Rice for domestic as well as international markets. This state of the art facility is spread over 4500 Sq. Mtrs and having annual installed capacity of 21000 Metric Tonnes of Export Quality Rice, up-to-date equipment of the processing unit are sourced from Japan and the United States.

Integra Essentia has been sourcing processed rice for its business of supplying life essential goods. With the addition of this processing facility, the company shall have better control over the quality along-with better economies and will be in a stronger position to tap into the exponential potential in Exports Market. As a measure of backward integration, this acquisition not only strengthen Integra Essentia’s positioning in Premium Rice supplies, but also extends its reach deeper in the supply chain of life essential items.

Integra Essentia is a Delhi based company engaged in business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life.

Integra Essentia Share Price

3.74 0.17 (4.76%)
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