White Organic Agro receives order from Patanjali Ayurveda

White Organic Agro has received an order for 500 tonnes of Aloe Vera Pulp from Patanjali Ayurveda, said the company in a BSE filing on Monday.

Sep 11, 2017 10:09 IST India Infoline News Service

Stock Market Up
White Organic Agro has received an order for 500 tonnes of Aloe Vera Pulp from Patanjali Ayurveda, said the company in a BSE filing on Monday.
 
With this order, the company's acquisition of stake in Future Farms LLP has started showing results and adding up to the value of the company. Future Farms LLP, has recently bagged order of supplying Aloevera pulp from its Kanpar, Gujarat unit to consumer product manufacturer Patanjali Ayurveda. In recent past, the supervisory and inspection team of Patanjali Ayurveda visited and inspected the farms and the pulp extraction unit and had suggested certain up gradation and renovation of the existing pulp extraction facilities.
 
Following which all the necessary changes had been undertaken to improve the hygiene standards during pulp extraction process. After final satisfactory completion of renovation of processing unit and inspection, Patanjali Ayurveda has issued an Initial Purchase Order of 500 tonnes of Aloe Vera Pulp, the company said.
 
White Organic Agro was trading at Rs 73.50 per share, up by Rs 3.50 or 5% as at 0935 hours on Monday, on the BSE.

Related Story