Monday, May 20, 2024

Integra Essentia Ltd. Eyes Exports of Rice Acquires Processing Facility with 21,000 MT Capacity

Integra Essentia Limited Acquires Rice Processing Facility located in Bareilly, Uttar Pradesh. The Rice processing unit has been acquired as a going concern to the existing business portfolio of the company. Integra Essentia Limited will hold 66% stakes in the acquired entity, the facility is spread over 4500 Sq. Mtrs. And is already operational with all the necessary licenses and certifications to produce Premium Rice for Domestic as well as Export Markets.

The facility comprises up-to-date, State-Of-The-Art Equipment from Japan and The United States, with an Annual Capacity to produce 21000 Metric Tonnes of Export Quality Rice. Integra has been sourcing processed rice for its business in Rice, with the addition of this processing facility, Integra will have better control over the quality
along-with better economies and will be in a stronger position to tap into the exponential potential in Exports. 

India is the Largest Exporter of Rice worldwide with 21.5 Million Tonnes of Rice Exports, which is larger than the next biggest 4 exporting countries combined together and the 2nd Largest Rice producer globally with an Annual Rice production
of about 120 Million Tonnes, while Uttar Pradesh is the 2ND largest Rice producing state in India producing an Annual 15.60 Million Tonnes with Bareilly being the 2ND
largest Rice Producing district of Uttar Pradesh making it an ideal location for the unit.

Integra Essentia Limited is a Delhi based company engaged in business of Life Essentials i.e. Food (Agro Products), Clothing (Textiles and Garments), Infrastructure (Materials and Services for Construction and Infrastructure Development) and Energy (Materials, Products and Services for the Renewable Energy Equipment and Projects) and many more Products and Services required to sustain the modern life. 

Integra Essentia Limited is a business with a substantial role to play both in creating
and providing effective basic life materials and services needed to update and maintain better living standards, spanning across vide spectrum of business activities in Agro Products, Health & Nutrition, Clothing, Infrastructure Products, and Energy Needs.  Company’s infrastructure products business primarily comprises of providing bulk materials and services for Highway Projects, Industrial Projects, Commercial projects & nevertheless affordable housing, Housing for all, Vibrant Villages Programme, Urban Planning etc. 

The company is also exploring expanding its business through acquisitions of operational facilities and is in advanced stages of studying, comparing and finalising
acquisition of processing facilities under its long-term plan to Broad-Base the business interests in life essential products with a special focus on the strong Agro Products Markets within India as well as across the globe.

The company is promoted and managed by a core team of experts of diverse experience relevant to the company businesses. 

The securities of the Company are listed on both the nationwide Stock Exchanges,
BSE (Scrip Code: 535958), and NSE (Scrip Code: ESSENTIA) Disclaimer: Certain statements, words in this document that are not historical facts are forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks and many other factors that could cause actual result to differ materially from those contemplated by these forward-looking statements. Integra Essentia Limited shall not be in any way responsible for any action taken based on such statement.

Recent Articles

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Stay on op - Ge the daily news in your inbox