Pursuant to provisions of Regulation 30 with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, the Company, Prataap Snacks Limited (PSL) would like to inform that it has entered into a new contract for third party manufacturing at Ahmedabad, Gujarat, Bengaluru, Karnataka and Kolkata, West Bengal for producing potato chips.
The enhanced capacities will widen its manufacturing footprint enabling it to cater to the growing demand for its products. The contract manufacturing facilities provide the additional advantage of being located in close proximity to the target markets ensuring optimal logistics and freight management.