sunrise foods kolkata

Last Updated at October 23, 2019 14:49 IST. Enhancing the long-term fertility of soils. 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Copyright © 1996-2020 IndiaMART InterMESH Ltd. All rights reserved. Verified Supplier, Sunrise Foods Limited Your support through more subscriptions can help us practise the journalism to which we are committed. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. The promoters probably feel they have achieved what they could and it is time to hand over the reins to a player with deeper pockets,” an official privy to developments said. 1★ The promoters, which is the Sharma family from Kolkata, may also choose to exit the firm altogether, the sources said, depending on the contours of the deal. The history of Indian spices is almost as old as the 'human civilization of Spices '. Minimises pollution from outdated agricultural practices. As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. According to industry estimates, the Indian spices market is worth around Rs 40,000 crore annually, with roughly 15-20 per cent of the market contributed by the branded segment. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. Sunrise Foods Private Limited is a Kolkata-based family-owned company engaged primarily in the business of spices, and this acquisition would help … The Sunrise brand is into whole, grounded and blended spices, with manufacturing units in Kolkata, Agra, Jaipur and Bikaner. ★★★★★ Team Business Standard, Last Updated at October 23, 2019 14:49 IST, LIC's equity portfolio value may be at an all-time high of $86 billion, JCB launches dual-fuel CNG backhoe loader, roll-out from Delhi NCR unit, Indian Immunologicals to set up new vaccine plant, raise capacity by 35%, 50% tech startups expect pre-Covid level revenue in six months' time, JSW Cement arm plans Rs 1,500-crore capital expenditure in Odisha, CCEA gives the green light to Rs 2,480 crore FDI into ATC Telecom, Fee on money transfers for US, doesn't apply to India: Google Pay, JSW Cement arm to invest over Rs 1,500 cr to set up clinker unit in Odisha, Sequoia-run Surge, Info Edge invest $6 mn into SaaS-based startup Shipsy, JSW Cement pushes back IPO plans by two years to December 2022, Everest skydiving: The $25,000 alternative to climbing the tallest mountain, DFM Foods tanks 9% on Al Global's proposal to buy 68% promoters' stake, Equitas appoints JM Financial, Edelweiss, and IIFL for IPO of SFB unit, Mt Everest's risky peak: Mountaineers open up about what needs to change, Heritage Foods hits 30-month low; stock down 5%, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). JM Financial’s mandate includes tapping food companies that are into branded commodities and growing the Sunrise brand both in India and internationally. In the spice industry, like any other, we believe that it the resource base in terms of people that are the most vital ingredient for success. All Rights Reserved. We are led by a group of enterprising and dynamic individuals, committed to providing customer with the finest products and services. 37,981,200. Shailendra Prakash Sharma, director, Sunrise Foods, said he could not comment on market speculation.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); The Sharmas, who've been spice traders for decades, set up Sunrise Foods in Kolkata in 1975. Topics However, the rate of conversion from unorganised to organised is growing as the proliferation of sub-standard products has increased in the former segment. Sunrise Foods, the Kolkata-based maker of packaged spices, which competes with the likes of Everest and MDH Masala, has begun the groundwork for a strategic sale that could see its promoters dilute majority stake in the company, said persons in the know. Member of Indian Chamber of Commerce, Indo German Chamber of Commerce, Federation of Indian Export Organizations & Spices Board. “The promoters may exit completely or hold minority stake and subsequently exit over the next few years. About SUNRISE Over a century ago, in 1902, Pandit Ishwari Prasad Sharma, a modest businessman, started small when he invested in making, trading and wholesaling spices in Kolkata.

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