Today's Top Gainer
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|Independent Director||Asha Gadi|
|Independent Director||Gita Bawa|
|Director||Harmesh Mohan Sood|
|Company Secretary||Rakesh Kumar Thakur|
Milkfood is a Punjab-based company, controlled by the Jaiswal family through L P Investments, a subsidiary of Jagatjit Industries, commenced commercial production in 1973.The company manufactures and markets milk and milk products. The main products are milk powder, ghee, baby food, ice-creams and yoghurt.The company came out with a convertible debenture offer in Feb.91 to part-finance normal capital expenditure, to repay loans and for long-term working capital.Brooke Bond Lipton India has acquired the marketing and distribution rights of the Milkfood range of ice-creams. Milkfood has over 2000 vending outlets predominantly in Delhi and Punjab.During the year 1999-2000, an amount of Rs.328.21 lacs was paid towards final instalment of redemption of debentures.The company is planning to upgrade its technology,modnerise its plants/training and motivation of employees,improve the capacity utilisation for the year 2001-02.