Prataap Snacks Closes Bengaluru Unit, Shifts Operations to Nearby Facility
Prataap Snacks Limited has announced the closure of its manufacturing operations at its Bengaluru plant, located at No. 260, Bommasandra–Jigani Link Road, Jigani Hobli, Anekal Taluk, Bengaluru. The ce...
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Why is Prataap Snacks Limited in the news today?
Prataap Snacks Limited (DIAMONDYD) is in the news due to the closure of a manufacturing unit is a significant operational change. however, the company states it will not impact overall production, supply commitments, or financial performance, and the unit's contribution was not material. this suggests a neutral impact.
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Prataap Snacks Closes Bengaluru Unit, Shifts Operations to Nearby Facility
January 1, 2026, 01:26 PM
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More Details on This News
Prataap Snacks Limited has announced the closure of its manufacturing operations at its Bengaluru plant, located at No. 260, Bommasandra–Jigani Link Road, Jigani Hobli, Anekal Taluk, Bengaluru. The cessation of manufacturing activities at this unit was effective from January 1, 2026.
This strategic move is part of the company's plan to consolidate operations, achieve operational efficiency, synergy, and optimal utilization of manufacturing resources. The operations have been transitioned to another facility within the same region, aligning with the company's strategic manufacturing plan.
The company has stated that this transition is not expected to adversely impact its overall production capacity, supply commitments, or financial performance. The turnover or revenue contributed by the Bengaluru unit was not material to the company's overall operations, and its net worth contribution was approximately 1% of the company's total net worth. No binding agreement for the sale of the unit has been entered into.
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