Prataap Snacks Ltd Share Price DIAMONDYD
|Chairman & Exec. Director||Arvind Mehta|
|Managing Director & CEO||Amit Kumar|
|Nominee||Ganapathyagraharam Venkataraman Ravishankar|
|Nominee||V T Bharadwaj|
|Director||Vineet Kumar Kapila|
|Director||Om Prakash Manchanda|
|Director||Haresh Ram Chawla|
|Company Secretary||Rishabh Kumar Jain|
Prataap Snacks Limited was incorporated as a private limited company with the name Prataap Snacks Private Limited on March 23, 2009 at Gwalior. Thereafter, the company was converted into a public limited company and the name was changed to Prataap Snacks Limited on September 19, 2016.
Prakash Snacks set up a plant in 2004 to manufacture potato chips in Indore and installed a plant in 2006 to manufacture chulbule in Indore. The company has received ISO 22000:2005 certification to their Indore Plant for manufacturing extruded snacks in 2010. The company incorporated its wholly owned subsidiary Pure N Sure Food Bites Private Limited in 2011. The Company set up new plants to manufacture potato chips in Indore and rings, chulbule & pellets at Guwahati in 2012 and 2014 respectively. In the year 2016, The company has commissioned a new plant to manufacture rings at Guwahati.
In Fiscal 2012, the Company acquired the snack foods business of its Group Company, Prakash Snacks Private Limited, pursuant to a business transfer agreement dated September 28, 2011. Pursuant to such arrangement, the company acquired the Yellow Diamond brand and the snack foods business under such brand. The Company has over the years leveraged its understanding of its target markets and consumer segments, product innovation capabilities, extensive distribution network, strategically located manufacturing facilities, and have focused its marketing and promotional activities to strengthen its product brands and establish the Yellow Diamond brand across India.