SAMPRE NUTRITIONS Share price

The Company was incorporated on 3rd December 1991 underthe Companies Act 1956 as Sampre Nutritions PrivateLimited. The Company was subsequently converted into apublic limited company on 16th May 1994 in terms of aspecial resolution passed on 9th April 1994 under section31/44 of the Companies Act1956.MAIN OBJECTS OF THE COMPANYThe main objects of the Company are set out in theMemorandum and Articles of Association and contain interalia the following objectives:1. To manufacture produce & process Food ProductsBeverages Soft Drinks Confectionery products Medicinalformulations Ayurvedic & Unani formulations CosmeticsToiletries Personal care Health Care Personal hygieneSanitary beauty care Casual medicines Therapeuticproducts Soaps Detergents Household pesticides Househygiene Antiseptic Anti-bacterial Hair-care Skin-careGrooming aids Eye-care Digestive aids House-holdremedies First-aid medicinesWhitening agents Foodpreservatives Food additives Snacks Biscuits CookiesReadymixes Instantfoods Dessicants Sauces JamsSquashes Premixes Protein foods and other alliedproducts.2. To buy sell manufacture to carry on liaison work actas agents importers exporters distributors stockistsand represent manufacturers producers importers &exporters of food and other Health Care Products togetherwith various allied items to market in India or abroad forboth Indian & foreign companies firms merchants eitherindividually or in association with any other person orpersons.3. To acquire develop process and deal in scientific knowhow and process of manufacturing food and other healthproducts.4. To take up turnkey projects or enter into collaborationagreements in India or abroad for setting up similarindustries to manufacture or to deal in food and otherhealth products.5. To manufacture fabricate machineries import exportequipments necessary types and dyes and any other articleor articles considered necessary tar manufacturing food andafter health products.PRESENT BUSINESS OF THE COMPANYSAMPRE NUTRITIONS was incorporated as a private limitedcompany to manufacture cough drops/lozenges/candies.In November 1991 the land at Medchal Industrial Estate wasallotted to the company by Andhra Pradesh IndustrialInfrastructure Corporation. The land development work wasstarted during January 1992 and construction was completedi.e. by June 1993. The company was registered as an SSIvide permanent registration No. 012258720 dt.2nd April 94.The installed capacity of the company is 1200 Metric Tonnesan single shift basis working of 300 days. The company hasalready entered into a long-term contract for three yearswith a renewable clause on loan-license basis with M/s.Procter & Gamble India Ltd. to produce their VICKS brandcough drops for International market. M/s. Procter &Gamble has approved this facility far" manufacture of bulkVicks cough drops for export to the P & G subsidiary atJapan after the necessary verification work done by theJapanese team.They have certified that "The product wasfully approved and accepted in all respects meetingstringent quality requirements.and is designed to meetinternational qualify standards for throat dropsmanufacture." Source : P & G certificate dated 15th April1994.