
Expansion11 Jan 2025, 12:48 am
NHC Foods Ltd. Approves Business Expansion and Brand Revamp in Sesame Seeds and Spices Segment
AI Summary
NHC Foods Ltd. held a Board Meeting on January 10, 2025, and approved key decisions related to the expansion of its business and the strategic revamp of its signature brand, SAAZ. The company plans to establish a Sesame Seeds Cleaning and Hulling Plant at Pardi, Gujarat, to cater to the growing demand for sesame-based products in India and abroad. Additionally, the company aims to revitalize its SAAZ brand, positioning it in prominent retail chains and e-commerce platforms. The board also considered a proposal to invest in Inwelco Science Private Limited, a start-up in the Consumer Goods Industry or Nutraceutical Industry.
Key Highlights
- Establishment of a Sesame Seeds Cleaning and Hulling Plant at Pardi, Gujarat
- Strategic revamp of the SAAZ brand for enhanced market presence
- Potential investment in Inwelco Science Private Limited