Add Shop E-Retail receives FSSAI license for manufactured spices; Stock gains 2%

4 Aug 2022 , 09:17 AM

Add-shop E-Retail Ltd has announced regarding licensing process ‘for organic spices on few days back.

In this regard the company informed that it has got FSSAI license on Wednesday for manufactured spices on organic based products and it is ready to manufacture Organics spices now.

“The new range of spices will help the company to grow faster as we are highly optimistic to set a wide range of market for our products in coming future”, the company said.

Add-shop would be leveraging on its robust distribution network spread across the country for its ayurvedic and agriculture products. The company having vast distribution network of more than 1250 franchises spread across the country. 

In addition, the company is having a wide customer base, which offers substantial base to market its products.

At around 9:17 AM, Add-Shop E-Retail was trading at Rs100.65 per share higher by Rs2.10 or 2.13% as against previous closing of Rs98.55 per share on the BSE.