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Other Food Products
Management Change28 Oct 2026, 11:04 am

Kovilpatti Lakshmi Roller Flour Mills Appoints New CEO, Expands Solar Capacity

AI Summary

Kovilpatti Lakshmi Roller Flour Mills Ltd announced key management and operational updates following a Board of Directors meeting on October 28, 2026. Sri. R. Nandagopal has been appointed as the Chief Executive Officer of the Foods division for a one-year term. Additionally, the company approved an expansion of its solar power generating capacity from 5 MW to 5.7 MW by adding 0.7 MW at Puducherry for captive consumption by the foods division. This expansion, expected to be completed by March 31, 2027, involves an estimated capital outlay of ₹4.25 to ₹4.50 crores and is planned to be financed through internal accruals and bank loans. The move aims to achieve substantial savings in power costs for the foods division.

Key Highlights

  • Sri. R. Nandagopal appointed CEO of Foods division for one year.
  • Solar power capacity to increase from 5 MW to 5.7 MW.
  • Expansion at Puducherry for captive consumption by foods division.
  • Estimated capital outlay of ₹4.25-₹4.50 Crores for solar expansion.
  • Expansion expected to reduce power costs for the foods division.