The company was incorporated on August 3 1994 and obtainedcertificate for commencement of business on August 18 1994and now proposes to set up this facility for manufacture offrozen fruits and vegetables based on individually quickfrozen technology with an installed capacity of 5100 MTper. annum in Sonepat Haryana. The project cost has beenestimated at Rs.1533 lacs. The company has already acquired the land required forsetting up the project and permission has been obtainedfrom the Director Town and Country Planning Chandigarh(Haryana) for the use of agricultural land for industrialpurposes. All required government permission and sanctionhas been obtained by the company including sanction forelectrical power. Registration under the Central sales taxand local sales tax has been obtained. The term loanrequirement has been tied up with IDBI and import LCs hasalready been opened for the capital equipments to beimported. In principle sanction has been obtained fromCanara Bank for working capital requirements.The work at site is on and pile work for the process plantraw material area cold storage and administration buildinghas been completed. Tube well has been erected with acapacity of 15 cubic meter per hour.The detailed particulars regarding amount spent and thesources availed of for the project as on 2.9.95 is narratedbelow:
| Name | Position |
|---|---|
| Mr. Mehinder Sharma | Managing Director |
| Mr. Dhruv Sharma | Director |
| Mr. S R Sahore | Independent Director |
| Mrs. Kamal Saib | Independent Director |