Flex Foods Share Price

Flex Foods Limited, a part of Flex Group was incorporated on 5th February, 1990. The Company has an established presence of more than three decades in the domestic cultivation and processing of mushroom, herbs, fruits and vegetables. Company is one of the established players in the processed foods industry and has diversified its product range by setting up the air dried (dehydrated DHD) and frozen (individually quick frozen IQF) facilities in Dehradun, Uttarakhand. Company is a single point source of supply of Frozen / IQF (Individually Quick Frozen), Air Dried, Canned as well as Freeze Dried products to the customers as per their requirements. Further, herbs, spices and fruits / vegetables business is also attracting the domestic customers. Retail packs of Culinary Herb for Indian customers are also available in various varieties. The Company has modernised freeze drying, hygienic and scientifically controlled mushroom cultivation, canning and cold storage facilities.Thereafter, Company signed an agreement in May 1991 with Agrisystems Engineering Consultants, Netherlands, to train and guide its employees in the mushroom cultivation project. FFL put up an Export Oriented Unit, in this regard to cultivate 1520 tons per annum (tpa) of button mushrooms(for captive consumption) and manufacture 200 TPA of freezedried vegetables and fruits at Doon Valley during year 1992. This project was partfinanced by a public issue of secured redeemable PCDs, aggregating Rs 6.40 cr. The products used in industries were soups, sauces / dips, baby foods, breakfast cereals, and ice creams, besides the institutional and consumer markets. FFL utilised 80% of its production capacity for mushrooms, and the rest for other vegetables and fruits.It started commercial production of various freeze dried herbs and during year 19992000 about 40% of the capacity was utilized for herbs production. Further, Company has filed an industrial Entrepreneurs Memorandum, for setting up a new project for Air Drying/ Freeze Drying of Vegetables, Fruits, Culinary Herbs and and Spices, at Krishnagiri in Tamil Nadu, and commissioning of the facility is in full swing.