News Announcement

Vikas WSP: Corporate Announcement For Receiving Orders For An Aggregate Sum Of Rs.219.36 Crore For Newly Developed Guar Gum Thermogel-30 And DP-100 For Yoghurt, Dairy, Milk And Health Care Applications From Its MNC Clients Including Domestic Herbalife.

This refers to the captioned subject and we want to advise the shareholders / investors as under:-
1. The investors are advised to please note that the management is doing all its endeavors to develop new guar gum products for catering into varied food applications.
2. Company has received orders for Rs.219.36 Crore Thermogel-30 guar gum and DP-100 guar gum for yoghurt, dairy, milk, health care applications. Company received these orders from its customers globally. These orders would be executed within August and September 2018.
3. The product has been used and approved the pilot results at the end use, therefore, now the company received commercial orders (domestic & export) for Rs.219.36 Crore. It is a potential business of several million pounds (LBS) quantity in the global markets including that of Indian market as per survey conducted by the companys surveyors.
4. The working of the company is improving day by day and on regular basis. We will keep you updating all the activities taking place. Please keep on watching the Companys Corporate Announcements regularly as it is working actively for developing innovative products.

This is for your kind information and request you to take on the record of exchange.

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