Mrs Bectors commences commercial production at Rajpura; stock climbs ~2%

Mrs Bectors Food Specialities Limited informed that the new w production line of Biscuits at Rajpura has started its Commercial Production with an installed capacity of 12000 Tons per annum effective from July 15, 2022.

The company stated that the installation of a new biscuit production line at Rajpura is part of the overall Rajura Expansion Project, which also includes site development, construction, and engineering-related work such as the construction of pre-engineered buildings, construction of biscuit buildings, construction of roads, floor finish, construction of superstructure, roof, doors, rolling shutters and windows, and office furnishing.

The company also informed that Rajpura Expansion Project's building and civil works were delayed due to unavoidable factors such as the COVID-19 pandemic, supply chain disruptions, and other commercial considerations, and it is now scheduled to be completed by September 30, 2022.

Mrs Bectors was trading at Rs306.45, up by 1.90% against its previous close of Rs300.75 on NSE.