Ajooni Biotech Receives Upgraded Credit Rating and Right Issue Details

Company will establish a new plant on a fresh industrial plot.

• Area: 87,000 sq. ft.
• Location : G.T. Road in Khanna, Punjab(adjacent to their existing plant)
• CAPEX : Rs. 16.50 Crores.

This new unit will be entitled for the following incentives:

• Interest Subvention scheme: 3% interest Subvention to pure veg cattle feed industry offered by Ministry of Animal Husbandry, (AHIDF) Govt of India.
• National Livestock Mission Scheme: Capital subsidy of Rs.  50 lakhs offered by Government of India.
• GST Exemption: 100% GST is exempted to pure veg Cattle feed manufacturers.
• Property Tax Exemption: 100% Property tax exemption for 10 years offered by Government of Punjab.
• Electricity Duty Exemption: 7 Years from the commencement of commercial production offered by Government of Punjab.
• Reimbursement of Stamp Duty: 100% Stamp duty will be reimbursed by Government of Punjab.
• Expenses on Lab Equipment: Reimbursement of Expenses sub to max of Rs. 5 lakhs will be reimbursed by Government of Punjab.
• Subsidy on Energy Audit: 75% expenses on energy Audit subject to max limit of Rs. 2 lakhs offered by Government of Punjab.
• Water & Safety Audit: Rs. 1 Lakhs subsidy on Water & Safety Order offered by Government of Punjab.
• Subsidy on ETP: Reimbursement of expenses up to Rs. 25 lakhs by Government of Punjab.

About Ajooni Biotech Limited

Ajooni Biotech Limited is a PURE VEG. animal health care solutions company. It stands as a trailblazer, innovator, and frontrunner in the realm of animal feed production, prioritizing excellence in quality, safety, and production innovation, along with a commitment to delivering exceptional customer service.

With a comprehensive feed range, AJOONI has emerged as a significant player in the animal pure veg. feed and pure veg. feed supplement. Opting for AJOONI signifies partnering with a responsive, attentive ally boasting extensive experience and a nuanced understanding of the intricate dynamics within the livestock market.

AJOONI’s primary objective revolves around optimizing productivity, meeting animals’ Pure Veg. nutritional and feed requirements comprehensively, and attaining an optimal dietary balance.

AJOONI aims to be a steadfast ally to farmers, with our team of experts offering their wealth of knowledge and years of experience to devise tailored diet programs and provide optimal recommendations for the sustained growth and advancement of livestock. Other than Ajooni there are very few companies in the organized listed space which is into Pure Veg. cattle feed & supplement feed in India.

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