kaveri seed company limited
kaveriseeds" April 12, 2016
The Corporate Relations Department National Stock Exchange of India Ltd BSE LIMITED Exchange Plaza, 5th Floor, 25th Floor, Dalal Street Plot No.C/l, G Block, P.J. Towers, Bandra Kurla Complex, Bandra (E) Mumbai-400 001 Mumbai-400 0051
Scrip Code: 532899 Name of Scrip: KSCL
Dear Sir,
Sub: Announcement under Regulation 30 (4) of SEBI (LODR) Reg.2015 - Opening of new Plant and Commencement of Commercial Operations - Reg.
Pursuant to Regulation 30 (4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company's new plant at Molangur Village, Shankarapatnam Mandal, Karimnagar District, Telangana State, commences its operations.
A copy of press release on the said subject is enclosed herewith for your information
Request you to kindly take not of it.
Thanking you,
Yours faithfully AVER1 SEED COMPANY LIMITED.
Encls: a/a.
Regd. Office : # 513-B, 5th Floor, Minerva Complex, S.D. Road, Secunderabad - 500 003. Telangana, India Tel : +91-40-2784 2398, 2784 2405 Fax : +91-40-2781 1237 e-mail : info@kaveriseedsh CIN : LO1 120AP1986PLC006728 Press release
12th April 2016, Secunderabad, Telanagana, India
------Kaveri Seed Company's new plant at Molangur Village, Shankarapatnam Mandal, Karimnagar District, Telangana State, Commences Operations.
Kaveri Seed Company Limited, one of the leading seed companies of the country, today announced that it has opened a new plant at Molangur Village, Shankarapatnam Mandal, Karimnagar District, Telangana State. The total investment made in the plant is over Rs.21.00 Crores.
The new plant is spread across 14 Acres site with a built up areas of around 1,95,000 Sq. feet. It has installed capacity of 10 to 20 Tonnes (Paddy/Maize) of production per hour based on the crop. The new Plant is scheduled to commence operations in the 1st week of May 2016.
Mr. G.V. Bhaskar Rao, Managing Director at Kaveri Seed said, the new plant will enhance the existing capacity of seed process to meet the growing demand from the markets.
About Kaveri Seed Company :
Kaveri Seed Company Limited (www.kaveriseeds.in) headquartered at Secunderabad, India, is one of India's premier quality seed-producing companies. High yielding hybrid crops such as cotton, corn, paddy, bajra and sunflower are the major crops for which the company enjoys a strong leadership position in the seed production and marketing. The Company's R&D activities are recognized by the Department of Scientific and Industrial Research (DSIR), Govt., of India. The main thrust of R&D is to blend traditional breeding with frontier technologies like Biotechnology to be on the forefront of developing new generation hybrids that excel in the home and markets abroad. The Company has built seven state-of-the-art processing facilities, spread over in the states of Telangana, Andhra Pradesh and Karnataka. A nationwide marketing and distribution network manned by technically competent and commercially skilled marketing team is an important asset of the company.
For further information, please contract:
Investor Relations, Kaveri Seed Company Limited Reg. Off: 513 - B, 5thFloor, Minerva Complex, S.D.Road, Secunderabad - 500 003, Telangana State, India Phone: 040-27842398,27842405, Email: csOkaveriO~ail.comWebsite: www.kaveriseeds.in