Deals8 May 2024, 08:49 pm
Rama Vision Ltd Announces Agreement for Wafer Sticks Manufacturing with Pran Beverages (India) Private Limited
AI Summary
Rama Vision Ltd has executed an agreement for outsourcing/contract manufacturing with Pran Beverages (India) Private Limited for manufacturing 'Wafer Sticks' under Pran Brand at Rama Vision's manufacturing plant in Kashipur. The agreement has a duration of one year, renewable, and commences from May 2024. Rama Vision will bill approximately Rs. 3 Cr. per annum to Pran Beverages for the manufacturing. The commercial production for Pran Beverages is expected to commence between May 25, 2024, and June 10, 2024.
Key Highlights
- Rama Vision Ltd has entered into an agreement for outsourcing/contract manufacturing with Pran Beverages (India) Private Limited.
- The agreement is for manufacturing 'Wafer Sticks' under Pran Brand at Rama Vision's manufacturing plant in Kashipur.
- The duration of the agreement is one year, renewable.
- Rama Vision will bill approximately Rs. 3 Cr. per annum to Pran Beverages for the manufacturing.
- The commercial production for Pran Beverages is expected to commence between May 25, 2024, and June 10, 2024.