pasadensa foods ltd share price Management discussions


PASADENSA FOODS LIMITED ANNUAL REPORT 2005-2006 MANAGEMENT DISCUSSION AND ANALYSIS OPERATIONS: During the year the Company has achieved production of 1809 MT which is an increase of 113% over last year. The Company has now fully streamlined the facilities to process the fruits like grapes, passion fruit, papaya, mango, pineapple, tomato, pomegranate, litchi & guava. During the year efforts have been made to procure good quality pineapple from the Nagaland belt, which is most suitable for concentrates exports. Farmer development program was conducted and 12 group of farmers have been attached to the unit, who have supplied 500 MT of pineapples. This activity will assist the unit to procure fruits of the right quality and at competitive price directly from the Farmers. In future the company has plans to work on contract farming, where the farmer is assured of purchasing all his crop and in turn the company shall get the desired quality of fruit along with assured quantities. FIXED DEPOSITS: The Company has not accepted Fixed Deposits pursuant to section 58A of the Companies Act, 1956.