Libas Consumer Products Limited has informed the Exchange regarding a press release dated August 18, 2025, titled "Import of rock salt Raw Material".
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Libas Consumer Products has announced it will import rock salt from Egypt to use as a raw material. The imported salt will be processed by the company and sold in the Indian market. The company plans to import rock salt worth ₹8–10 crore during the current financial year (FY2025-26), with further imports based on market demand. Egyptian rock salt is highlighted for its high purity, with over 99% sodium chloride concentration, making it suitable for de-icing and industrial applications.
This represents a new line of business and raw material sourcing for Libas, potentially adding a new revenue stream. For shareholders, it signals diversification, though the ₹8–10 crore scale is modest relative to overall operations, so near-term stock impact may be limited.