Important

Disclosure of material issue

Euro India Fresh Foods Limited logo
Euro India Fresh Foods LimitedEIFFL · Filed with the exchange

Euro India Fresh Foods (#EIFFL) is undertaking a major strategic shift: 1. **Issue:** The company's board has approved the complete relocation of its main manufacturing plant from Ichhapore, Surat, to a new facility in Chikhli, Navsari.

The closure and shifting are expected by March 31, 2026. Notably, the Surat unit contributed 100% to the company's turnover in the last financial year, indicating this is a full operational overhaul.

2. **Impact & Plan:** Plant & machinery from the old Surat facility will be partially utilized in EIFFL's new Navsari plant and partially leased to J R Foods & Beverages (a related party) for manufacturing on behalf of EIFFL.

3. **Company’s View:** This move is aimed at achieving **operational efficiency** and could enable an **increase in output** by utilizing the additional production capacity of J R Foods & Beverages when required.

EIFFL emphasizes that this arrangement will not affect existing turnover, transfer ownership, change its business structure, or alter operational control.

Investors should monitor the execution of this significant operational relocation for its promised efficiency gains and potential for capacity expansion. #CorporateAction #Manufacturing #OperationalEfficiency

Read the original filing(PDF)

No comments yet. Be the first.

More from Euro India Fresh Foods Limited

All announcements