Dunar Foods Limited

completed

Dunar, headquartered in Karnal, India is in the business of procurement, processing and supply of basmati rice. The Company owns two production facilities in Karnal, Haryana (modernized in 1996) and Amritsar, Punjab (commissioned in March 2010). The processing capacity of Karnal facility is 26 tons per hour (tph), while that for Amritsar facility is 24 tph. Dunar plans to invest in the expansion of its production capacity in Karnal from 26 tph to 50 tph during the next two years. It will also invest in additional silo capacity of 60,000 metric ton and rice husk-based power generation capacity of 3 MW in Karnal and a new rice husk-based power plant of 2 MW in Amritsar (in addition to the existing 1 MW capacity).