492.10 1.45(0.30%)
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Incorporated on June 5, 1992 and promoted by Ramakrishna Nandamuri, Heritage Foods Limited operates through its two business divisions: Dairy and Renewable Energy.The company has almost 100% direct procurement network of 3,00,000 dairy farmers across 9 major milk producing states namely, Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Maharashtra, Gujarat, Rajasthan, Haryana and Punjab. The direct route of milk procurement enables the company to maintain quality at lower prices. The company also operates 201 bulk coolers, chilling plants and procures 1.54 million liters of milk per day. It operates 18 processing plants with installed milk processing capacity of 2.7 million litres per day.The company came out with a public issue in Nov.'94 to part-finance the setting up of an integrated dairy (inst. cap.: 2 lac ltr pd). It established three integrated dairy plants in Madras, Hyderabad and Bangalore, and supporting milk chilling centres at various locations in North Arcot district of Tamilnadu, and Kolar district of Karnataka. Company commissioned new milk centre at Triuvannamalai in state of Tamilnadu. The Dairy products viz., Ghee and Skim Milk Powder were launched in Consumer Packs in the market of Kerla, Tamil Nadu, Karnataka and Andhra Pradesh. Company establishe...