Heranba Organics Private Limited (“HOPL”), a wholly owned subsidiary, has commenced commercial production at the Sarigam Unit located in GIDC, Sarigam, Taluka-Umbergaon, District-Valsad, Gujarat. This milestone reflects the company’s commitment to sustainable growth and the creation of job opportunities in the region. Heranba anticipates that the Sarigam Unit will generate annual revenues between Rs. 280 and Rs. 300 Crores, with a maximum production capacity of 9000 MTPA.
Mr. R K Shetty, Managing Director of Heranba, commented that the commencement of commercial production will provide additional revenue for the company and fulfill past commitments. He noted that this initiative underscores Heranba’s proven track record, solid earnings, and resilient business model. The ongoing growth trajectory demonstrates the strength inherent in the company’s operations. Mr. Shetty emphasized Heranba’s dedication to accelerating revenue growth and enhancing productivity to achieve significant margin expansion, highlighting that FY25 is a pivotal point in the company’s growth. He reiterated their focus on delivering improved services for the benefit of all stakeholders.