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Company Profile

PRATAAP SNACKS LTD.

NSE : DIAMONDYDBSE : 540724ISIN CODE : INE393P01035Industry : Consumer FoodHouse : Private
BSE884.65-9.6 (-1.07 % )
PREV CLOSE (Rs.) 894.25
OPEN PRICE (Rs.) 900.15
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1648
TODAY'S LOW / HIGH (Rs.)880.05 900.15
52 WK LOW / HIGH (Rs.)747.65 1450
NSE885.30 -8.7 (-0.97 % )
PREV CLOSE(Rs.) 894.00
OPEN PRICE (Rs.) 894.45
BID PRICE (QTY) 885.30 (10 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 10701
TODAY'S LOW / HIGH(Rs.) 880.55 901.90
52 WK LOW / HIGH (Rs.)743.95 1450

Company News

Date Heading Details
30-Mar-2024 Prataap Snacks commences commercial production at Jamnagar Unit II <p style="text-align: justify;">Prataap Snacks has commenced commercial production at its newly set up Unit situated at Taluka-Kalavad, Nikava, Jamnagar, Gujarat (Jamnagar Unit II) on March 29, 2024. The aforesaid Unit has been set up for the production of namkeen snacks viz. peanuts, falahari and popcorn with a total capacity of about 11,000 MT per annum.</p><p style="text-align: justify;">Prataap Snacks is Indore-based Indian Snack Food Company. It sells products under the brand name ‘Yellow Diamond'. The company is among the top 6 Indian organized snack market. It has a diversified product portfolio including traditional and western snacks.</p><div style="text-align: justify;"><br></div>
27-Mar-2024 NOCIL, Coal India and Tech Mahindra to see some action today <p style="text-align: justify;"><b>NOCIL </b>has received approval for incurring Capital Expenditure not exceeding Rs 250 crore towards capacity enhancement (Rubber chemicals) at Dahej. The Board of Directors of the Company its meeting held on March 26, 2024 has accorded approval for the same.&nbsp;</p><p style="text-align: justify;"><b>Coal India</b>'s subsidiary -- Mahanadi Coalfields (MCL) has achieved the 200-million tonne (MT) coal production mark in the 2023-24 fiscal. MCL has mining operations in Odisha's Angul, Jharsuguda and Sundergarh districts. MCL had attained the 100-MT mark in 2009-10, while 150-MT output was achieved in 2021-22.&nbsp;</p><p style="text-align: justify;"><b>Tech Mahindra </b>is planning to merge its two wholly-owned subsidiaries, Born Group and Tech Mahindra (Americas), to synergise business operations, optimise operational cost, and reduce compliance risks. The merger is subject to regulatory approvals in the country of incorporation. The appointed date of the plan of merger is April 1, 2024.</p><p style="text-align: justify;"><b>Praveg </b>has launched the Safari Velavadar Resort in Gujarat, marking a new chapter in luxury hospitality. The resort is poised to achieve an impressive occupancy in the forthcoming six months, reflecting the high demand for sustainable luxury accommodations. The average room rate should be in the range of Rs 20,000 to Rs 22,000. Praveg's expansion represents a strategic milestone for the company, with promising prospects for revenue growth, profitability, and shareholder value creation. Situated in Gujarat's vibrant heart, Velavadar captivates with its stunning ecosystem and scenic beauty.&nbsp;</p><p style="text-align: justify;"><b>Prataap Snacks</b> has commenced commercial production at its newly set up Unit situated at Kartholi Teh. Bari Brahmana, Samba, Jammu &amp; Kashmir on March 26, 2024. The said Unit has been set up for the production of extruded namkeen snacks, fried namkeen pellets and other namkeen snacks including popcorn with a total capacity of about 10,000 MT per annum.&nbsp;</p><p style="text-align: justify;"><b>SecMark Consultancy </b>has entered into Software Purchase agreement for purchase of software applications including intellectual property rights along with all right, title and interest therein with Comtek Software Systems LLP (Comtek) on March 26, 2024.&nbsp; The company has further entered into consultancy agreement for services with respect to further developing, maintaining and enhancing the software applications purchased from Comtek, similar services for applications of SecMark, developing migration software, maintaining client relationship and related services through agreement dated March 26, 2024 (herein after referred as Consultancy Agreement).</p><p style="text-align: justify;">Standard Chartered Bank, a public shareholder of <b>CDSL </b>is reportedly likely to sell its entire 7.18 per cent stake (75 lakh equity shares) for $151 million through a block deal.&nbsp;</p><div style="text-align: justify;"><br></div>
26-Mar-2024 Prataap Snacks commences commercial production at Jammu & Kashmir Unit <p style="text-align: justify;">Prataap Snacks has commenced commercial production at its newly set up Unit situated at Kartholi Teh. Bari Brahmana, Samba, Jammu &amp; Kashmir on March 26, 2024. The said Unit has been set up for the production of extruded namkeen snacks, fried namkeen pellets and other namkeen snacks including popcorn with a total capacity of about 10,000 MT per annum.&nbsp;</p><p style="text-align: justify;">Prataap Snacks is Indore-based Indian Snack Food Company. It sells products under the brand name ‘Yellow Diamond'. The company is among the top 6 Indian organized snack market. It has a diversified product portfolio including traditional and western snacks.</p><div style="text-align: justify;"><br></div>
07-Mar-2024 Clarification On News Item Appearing In CNBC TV 18 Website On March 6, 2024 We write to inform you that it has come to our attention that certain articles has been reported and published in the mainstream media alleging that the Directorate General of GST Intelligence (DGGI) has initiated action against Pratap Snacks Limited. In this regard, we categorically deny and state that the aforesaid information as published and reported in the media is baseless and factually incorrect. The Company is not in receipt of any such notice from DGGI as alleged in the media reports. Further, we are simultaneously writing to CNBC TV 18 in this regard. The Company is dedicated to upholding the highest standards of ethical business conduct and corporate governance. We request you to kindly consider our above clarification and take the same on record.
22-Feb-2024 Clarification On News Item Appearing In 'Www.Businesstoday.In' Clarification on news item appearing in "www.businesstoday.in" dated 22nd February, 2024 captioned "Prataap Snacks shares rally 14% on report ITC eyeing stake"
06-Feb-2024 Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS Allotment of Equity Shares on exercise of Employees Stock Appreciation Rights (ESARs) under Prataap Employees Stock Appreciation Rights Plan 2018
06-Dec-2023 Prataap Snacks informs about disclosure <div style="text-align: justify;">Prataap Snacks has informed that it enclosed the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for Malabar India Fund.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
22-Nov-2023 Prataap Snacks informs about disclosure <p style="text-align: justify;">Prataap Snacks has informed that the exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for Arvind Kumar Mehta &amp; PACs.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
27-May-2023 Prataap Snacks informs about outcome of board meeting <div style="text-align: justify;">Prataap Snacks has informed that Board of Directors of the Company in its Meeting held on 26th May, 2023, have considered and approved the Audited Standalone &amp; Consolidated Financial Results of the Company for the quarter &amp; year ended 31st March, 2023; Recommended dividend of Rs 1.00 per share (20%) on equity shares of face value of Rs 5.00 each of the Company for the year ended 31st March, 2023, subject to the approval of members in the ensuing AGM of the Company. Upon approval of members, the dividend, will be paid within 30 days of approval/declaration, Pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015, the Audited Standalone and Consolidated Financial Results of the Company for the quarter &amp; year ended 31st March, 2023 along with Statutory Auditor Report(s) with unmodified opinion on the said Standalone and Consolidated Financial Results and Declaration duly signed by the Chief Financial Officer of the Company are enclosed.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
27-May-2023 Prataap Snacks informs about press release <p style="text-align: justify;">Prataap Snacks has informed that it enclosed a Press Release on Audited Financial Results of the Company for the quarter and year ended 31st March, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>