In compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, we wish to inform you that Jhandewalas Foods Limited has received an order valued at ? 4.07 crore for the supply of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jhandewalas Foods has secured an order worth ₹4.07 crore for the supply of butter to Hocco (House of Chonas), a fast-growing ice-cream and QSR brand in India. The company has been empanelled as a new vendor with Hocco. Hocco currently operates 150+ outlets and 15,000+ retail touchpoints, and is valued at around ₹2,000 crore with plans to scale to 250 stores. The company describes this order as a milestone that validates its product quality and ability to scale. Management views this as the start of a long-term business relationship with a high-growth brand.
Positive for the stock as it adds a reputed, well-funded institutional client and validates the company's capabilities as a supplier. Could support revenue growth and future order flow, though the ₹4.07 crore size is modest in absolute terms.