MoneyWorks4Me

Farmax India gets nod to lease out factory premises

09 Apr 2013 Evaluate

Farmax India has received an approval to lease out the factory premises as per the Companies Act, 1956. The board of company at its meeting held on April 08, 2013 has approved for the same.

Farmax India is engaged in the business of manufacturing and marketing of fast moving consumer goods. It has a manufacturing facility with advanced technology imported (machinery is one of the highly sophisticated in that category and was imported from Italian food Major) and indigenous automated machines to meet quality consistency and  market demand with minimum manufacturing cost resulting affordable finished product cost with consisted quality.

Peers
Company Name CMP
Nestle India 1353.15
Varun Beverages 432.00
Britannia Industries 4930.00
LT Foods 424.20
Hatsun Agro Product 1135.20
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