Foods & Inns Limited , a prominent manufacturer and exporter of processed tropical fruit pulps and vegetables, has reported impressive financial results and strategic developments that position the company for future growth.

Strong Financial Performance

Foods & Inns demonstrated robust financial growth in its latest report:

This significant increase in both revenue and sales volume underscores the company's strong market position and operational efficiency.

Production Linked Incentive (PLI) Scheme Selection

In a major development, Foods & Inns has been selected under the government's Production Linked Incentive (PLI) Scheme for fruits and vegetables processing. This selection could potentially result in incentives of approximately Rs. 148 crores between FY'22-23 to FY'26-27, providing a substantial boost to the company's financial outlook.

Expansion and Innovation Initiatives

Foods & Inns has undertaken several strategic initiatives to enhance its market presence and operational capabilities:

1. State-of-the-Art Facilities: The company operates advanced factories in Chittoor, Valsad, Sinnar, and Gonde.

2. Spice Business Acquisition: Foods & Inns has become a 99.99% partner in Kusum Spices, diversifying its product portfolio.

3. Joint Venture for Waste Utilization: The company has entered a joint venture called Beyond Mango Pvt. Ltd., aimed at converting fruit waste into pectin. This initiative addresses India's 95% import dependency for pectin.

4. Facility Upgrades:

   • Shifted spice manufacturing to its own campus in Gonde
   • Installed Tetra Recart machinery at the Vankal facility, expected to be operational by August 2022

Sustainability and Shareholder Returns

Foods & Inns has demonstrated commitment to both environmental sustainability and shareholder value:

• Received a B- rating under the Carbon Disclosure Platform
• The Board recommended a 25% dividend for the golden jubilee year

Market Expansion Opportunities

The company sees growth potential in several international markets, including:

• European Union
• United Kingdom
• United States
• Canada
• Japan
• Middle East
• South Korea

These developments collectively indicate Foods & Inns' strong performance and strategic positioning for future growth in the processed food industry.

Foods & Inns Limited, a prominent player in the food processing industry, has announced key dates for its upcoming 53rd Annual General Meeting (AGM) and dividend distribution.

AGM and Book Closure Details

The 53rd Annual General Meeting of Foods & Inns Limited is scheduled for September 23, 2025, at 4:30 PM. In preparation for this event and the dividend distribution, the company has declared a book closure period. The Register of Members and Share Transfer Books will remain closed from September 16 to September 23, 2025 (both days inclusive).

Dividend Record Date

Shareholders should note that the record date for dividend distribution has been set as September 15, 2025. This date is crucial for determining eligibility for receiving dividends.

Company Background

Foods & Inns Limited, with its corporate address at J. N. Heredia Marg, Hamilton House, 3rd floor, Ballard Estate, Mumbai - 400038, has been a significant player in the food processing sector. The company, which has a legacy spanning over five decades, is known for its diverse product portfolio including fruit pulps, frozen foods, and spices.

Recent Developments

In addition to the AGM announcement, Foods & Inns has been actively expanding its operations. The company recently shared its investor presentation for the first quarter of the fiscal year 2025-26, ended June 30, 2025, highlighting its performance and strategic initiatives.

Sustainable Practices

Foods & Inns has been at the forefront of sustainable agricultural practices. The company has implemented various initiatives to support farmers, improve soil health, and promote environmentally friendly farming methods. These efforts have not only enhanced the quality of produce but also contributed to the company's commitment to sustainable business practices.

Investor Relations

The company continues to maintain transparency with its shareholders and the market. By promptly announcing key dates and sharing performance updates, Foods & Inns demonstrates its commitment to good corporate governance and investor relations.

Shareholders and potential investors are advised to mark these important dates in their calendars and to refer to the company's official communications for any additional details or updates regarding the AGM and dividend distribution.