Prataap Snacks Limited has announced the closure of its Bengaluru manufacturing facility effective January 1, 2026, as part of a strategic operational consolidation. According to the company's regulatory filing under Regulation 30 of the SEBI Listing Regulations, the move aims to achieve operational efficiency and synergy. The facility located at No. 260, Bommasandra–Jigani Link Road, Jigani Hobli, Anekal Taluk, Bengaluru will cease manufacturing activities, with operations being shifted to another manufacturing arrangement within the same region.
The financial contribution of the closed Bengaluru unit has been disclosed as minimal to the company's overall operations. According to the regulatory filing, the unit's revenue and income contribution was not material to Prataap Snacks' overall business operations. The net worth contribution from the closed facility represented approximately 1.00% of the company's total net worth, indicating limited financial exposure from the closure decision.
The company has assured stakeholders that the transition will not adversely impact overall production capacity, supply commitments, or financial performance. As reported in the regulatory disclosure, operations from the Bengaluru facility have been shifted to another manufacturing arrangement within the same geographical region, aligning with the company's operational requirements and strategic manufacturing plan. This approach ensures continuity while optimizing resource utilization.
Prataap Snacks filed the disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. According to the filing signed by Company Secretary Sanjay Chourey, the disclosure included detailed information as required under Schedule III of the listing regulations, ensuring compliance with mandatory disclosure requirements for material events affecting listed companies.
