Mangalam Global Enterprise has completed the procedures on November 18, 2024 for purchasing Plant & Machinery and Buildings from Shree Gurukrupa Oil and Foods (Partnership Firm) and lands admeasuring 19833 square yards bearing Survey Nos. 186, 188 & 189 (collectively known as Assets) from the individual land owners at Taluka: Jotana, Mehasana, Gujarat.
The Company has purchased the said Assets viz. land, plant & machinery and building with installed capacity (Edible Oil Refinery & Packing unit with capacity of around 200 metric tonne per day and Oil Seed crushing plant with a capacity of 20 metric tonne per day) at cost of Rs 10.87 crore.
By adding the above capacity, overall performance of the Company will increase.
Mangalam Global Enterprise was set up by Ahmedabad based Mangalam group.
