Adarsh Derivatives Ltd has informed BSE that the Company has planned to establish following plants for processing and storage of organic products to market for home consumption: -

1. Plant at Agro Food Park - SRIGANGANAGAR - All Organic

Company has planned to establish processing and manufacturing facilities at Agro Food Park which is approved by Ministry of Food Processing Industries, Government of India that offers a number of incentives. The planned project is being established to produce certified ORGANIC PRODUCTS for the domestic market. The following products are planned to manufacture:-

i. Wheat Flour
ii. Wheat Malt Flour
iii. Wheat Bran Granulates
iv. Wheat Groats
v. Pearl Barley Groats
vi. Pearl Barley Flakes

The plant is envisaged to put on stream during FY 2008-09 and would entail a capital investment of Rs 135 Crore.

2. Plant at Industrial Area - BIKANER - All Organic

Company has planned to establish processing and manufacturing facilities at Bikaner to produce certified ORGANIC PRODUCTS for the domestic market. The following products are planned to manufacture : -

i. Gram Splits
ii. Gram Flour
iii. Pearl Moth Bean Flour and Splits
iv. Cold pressed Peanut oil

The plant is envisaged to put on stream during FY 2009-10 and would entail a capital investment of Rs 95 Crore.

3. Plant at - JODHPUR - All Organic

Company has planned to establish processing and manufacturing facilities at Jodhpur to produce certified ORGANIC PRODUCTS for the domestic market. The following products are planned to manufacture: -

i. Moong Bean Splits Skinned
ii. Unskinned Moong Bean Splits
iii. Pearl Moong Bean Flour
iv. Cold Pressed Mustard Oil

The plant is envisaged to put on stream in FY 2009-10 and would entail a capital investment of Rs 80 Crore.

4. Projected turnover of the Company is mentioned below:-

On the basis of implementation of above projects, Company has made its discreet projections as under:-

a. During the FY 2008-09: Rs 190 cr
b. During the FY 2009-10: Rs 475 cr
c. During the FY 2010-11: Rs 720 cr

5. Renovation / modernization of existing Guar Gum plant -

After modernization, the existing plant in Gujarat would be fully operative by February 2008. Thereafter, the plant would be producing guar polymers mainly for the energy sector i.e. for drilling of oil and gas wells.