M.V.K. Agro Food Product Share Price

M.V.K. Agro Food Product Limited was incorporated on February 2, 2018 as public limited company under Companies Act, 2013, with the Central Registration Centre. At present the licensed manufacturing capacity of various products are Sugar 2500TCD, Molasses 120TPD, Bagasse 750 TPD, Pressmud 90 TPD. The Company is an integrated sugar and other allied products manufacturing company operating from Nanded District in the State of Maharashtra. It is engaged in a variety of agro-commodities across the commodity value chain and further into manufacturing of jaggery from sugarcane. The company operates a single location sugar unit having licensed crushing capacity of 2,500 TCD. In addition to sugar the company also commercialise and sell our by-products and waste products, namely, Molasses, Bagasse and Pressmud. The company is also engaged in the generation of Power for captive consumption. The companies business can be broken up into two segments, namely Sugar and its by-products/waste products. In the year 2020, the company commenced operations of manufacturing of Sugar. In the year 2020, the company Company implemented backward integration and began commercial operations of the by-products and waste products of Sugar along with Co-Generation capabilities. The Company completed three crushing seasons during FY 2023. The Company acquired 100% shareholding of Sai Krupa Dairy & Food Products Private Limited, making it a wholly owned subsidiary of the Company in 2024. The Company came up with a public issue of 54,90,000 equity shares having the face value of Rs 10 each by raising funds Rs 65.88 crores on March 4, 2024.