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CNBC TV18
Hindustan Foods merges promoter-owned Nashik facility with eye on growth
The merged entity, Avalon Cosmetics Private Ltd, had acquired a plant which produces 5,000 tonnes of soups, meal-makers, energy beverages, and other dry powder products annually, supplying to various FMCG companies across India. Shares of Hindustan Foods Ltd ended at ₹648.10, down by ₹14.10, or 2.13%, on the BSE.
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Tue, Sep 24, 2024
The Economic Times
Ajooni Biotech ties up with Avalon Bioenergy for sustainable moringa processing
Ajooni Biotech has partnered with Avalon Bioenergy, an Indian subsidiary of the US-based Avalon Energy Group, to establish processing plants for the sustainable processing of moringa seeds and leaves in India. Avalon will extract oil for further processing and marketing, while Ajooni will use the remaining oil cake to create animal feed products for further processing and distribution within India and for exports.