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KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.(Source : 202003 Annual Report Page No:181)
KRBL received a GST order for FY22, with a tax demand of Rs. 4,57,390 and penalty of Rs. 28,80,315. The company intends to appeal the order, noting no significant financial or operational impact.
KRBL's CFO, Ashish Jain, discussed the company's exposure to the Middle East conflict on NDTV Profit. This addresses investor concerns, offering clarity on potential business impacts.
Arbitration tribunal ruled against KRBL, ordering payments of SAR 30,990,241.25 and USD 2,151,399.15 plus interest to Reliable Trading Co. over terminated distributorship agreements. KRBL will seek legal advice to challenge this award.
KRBL's CFO Ashish Jain had a media interaction with ET NOW on business updates. This offers investors direct insights into current company developments. Link available for viewing.
KRBL launched India Gate Uplife Lite Everyday Rice, a new low-GI variant. This expands its health-focused Uplife portfolio, targeting consumers seeking balanced blood sugar and sustained energy. It strengthens the company's diversification into value-added food products.