Heritage Meals Restricted introduced that its board has authorized its plan to determine a brand new ice cream manufacturing facility in Shamirpet, Telangana. The ₹204 crore undertaking goals to increase the corporate’s manufacturing capability to fulfill the rising regional demand for ice cream.
The shares of Heritage Meals Restricted have been buying and selling flat at ₹578.80 on the NSE at 3.20 pm.
The brand new facility is anticipated to be operational by November 2025. Heritage Meals plans to finance the undertaking by means of a mixture of debt and inner accruals.
The corporate said that additional updates on the power’s progress will probably be supplied as required by regulation.
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