Latest news with #PradhanMantriKrishiSinchaiYojana
India.com
3 days ago
- Business
- India.com
1:2 stock split: THIS company fixes record date, check details here
शेयर बाजार में हाहाकार, अरबों डॉलर हुए स्वाहा MURAE Organisor Ltd has officially announced a stock split in the ratio of 1:2, marking yet another strategic step in its effort to broaden investor participation and increase stock liquidity. The company's Board of Directors has fixed Wednesday, June 11, 2025, as the record date for this sub-division of equity shares. Shareholders holding one equity share of face value ₹2 as of the record date will receive two equity shares of ₹1 each. This move, approved by shareholders through a postal ballot on May 29, 2025, is expected to lower the entry barrier for retail investors while improving market depth. Earlier, the company had announced its intent to acquire agricultural land in the strategically vital region of Kutch, Gujarat. This acquisition underscores the company's commitment to broadening its business horizons into agriculture and industrial sectors. The proposed acquisition involves an investment estimated between INR 200 million and INR 250 million. This initiative is contingent upon thorough due diligence processes and the requisite regulatory approvals and statutory clearances. The company intends to utilize the acquired land primarily for cultivating premium-quality pomegranates, exploiting Kutch's advantageous agro-climatic conditions, renowned for high-yield and quality horticulture. This agricultural project aligns seamlessly with government schemes aimed at promoting modern agricultural practices and sustainable growth, including the National Horticulture Mission and Pradhan Mantri Krishi Sinchai Yojana (PMKSY). Additionally, MURAE Organisor Ltd. plans to set up a state-of-the-art distillery facility on the acquired premises, significantly broadening its operational capacity and enhancing its product offerings. This diversification into value-added products in the industrial segment positions the company strategically in an under-explored yet lucrative market segment, promising substantial margin improvement and sustainable long-term growth. The company's proposed venture is poised to benefit significantly from the Gujarat Industrial Policy 2020, which offers various incentives such as capital subsidies, tax concessions, and infrastructure support. The supportive regulatory environment, coupled with sector-specific government initiatives, creates an encouraging framework for rapid and profitable business expansion. For the financial year ended March 31, 2025, the company reported total revenue of ₹85.48 crore, a staggering increase compared to just ₹0.25 crore in FY24. The full-year net profit stood at ₹7.51 crore, against ₹5.31 lakh in the previous year, signaling a strong earnings rebound. The Q4FY25 net profit alone was ₹2.85 crore, underscoring consistent quarterly performance. MURAE's financials also show a notable build-up in trade receivables and cash positions, suggesting an expansion in operational scale and reach.
News18
28-05-2025
- General
- News18
This UP Teacher Is Growing 138 Mango Varieties, Including Japan's Costliest, In His Backyard
Last Updated: Anil Yadav, a teacher from Jaunpur, cultivates 138 mango types in an organic orchard, now dubbed a 'Mango Museum', attracting students, researchers, and farmers across India Anil Yadav, a resident of Vishunpur village in Jaunpur district of Uttar Pradesh, is transforming the landscape of mango farming in India. A government school teacher by profession, Anil has combined technology and innovation to grow an extraordinary collection of 138 mango varieties from both India and overseas within his orchard. Committed to organic farming practices, he cultivates a wide range of mangoes, including prestigious varieties such as Miyazaki (Japan), Alphonso (Maharashtra), Dussehri (Uttar Pradesh), Totapuri (Andhra Pradesh), and Kesar (Gujarat), all noted for their exceptional flavour, colour and quality. Embracing Technological Advancements In Agriculture Yadav has successfully integrated modern irrigation technology into his farming practices, receiving 90% financial assistance from the government. Through the Pradhan Mantri Krishi Sinchai Yojana (PMKSY), he installed a drip irrigation system, which delivers water directly to plant roots in a controlled manner, thereby conserving water and enhancing crop yield. His dedication has turned his orchard into a 'Mango Museum', attracting students, researchers, and fellow farmers. Anil actively encourages others to adopt sustainable and technology-driven farming, showcasing how agricultural innovation, combined with hard work, can yield both environmental and economic rewards. First Published: May 28, 2025, 08:59 IST
Mint
12-05-2025
- Business
- Mint
Penny stock below ₹2 hits upper circuit after THIS business update
Shares of penny stock Murae Organisor hit its upper circuit on Monday, May 12, hitting the upper circuit in intra-day trade after the company's board approved a major expansion plan involving land acquisition and investment of up to ₹ 250 million. The strategic move is aimed at boosting its agricultural and industrial footprint, with a focus on high-value pomegranate cultivation and establishing a distillery unit in Gujarat. In an exchange filing, the company stated that its board has approved a proposal—subject to satisfactory due diligence, regulatory approvals, and statutory clearances—to explore the acquisition of agricultural land in Kutch, Gujarat. The move is part of a larger initiative to diversify and strengthen its revenue streams by tapping into agribusiness and value-added industrial products. The land is proposed to be used for the cultivation of premium-quality pomegranates, leveraging the region's favorable agro-climatic conditions. Alongside this agricultural initiative, Murae Organisor plans to set up a distillery facility on the site to improve operational efficiency and expand into new business segments. The company noted that the estimated investment for this initiative is between ₹ 200 million and ₹ 250 million. However, the final investment figure will be determined after a detailed due diligence process, feasibility reports, and securing of all required statutory and governmental approvals. Murae Organisor emphasized that the proposed project aligns with several government schemes such as the "National Horticulture Mission," "Pradhan Mantri Krishi Sinchai Yojana (PMKSY)," and the "Gujarat Industrial Policy 2020." These policies support agricultural and industrial development through subsidies, tax benefits, and infrastructural assistance. The company believes that its new initiative could benefit from these frameworks, enabling long-term growth. The penny stock rose 4.65 percent, its upper circuit of ₹ 1.35, though it remains over 50 percent below its 52-week high of ₹ 2.73, touched in November 2024. On a broader timeline, the stock has shed 11 percent over the past one year. In May so far, the scrip has declined 5.5 percent after recording a 3.6 percent gain in April. Prior to that, the stock was in negative territory for four consecutive months—falling 18 percent in March, 19 percent in February, 0.5 percent in January, and 11.6 percent in December 2024.
Mint
12-05-2025
- Business
- Mint
Penny stock below ₹2 hits upper circuit after THIS business update
Shares of penny stock Murae Organisor hit its upper circuit on Monday, May 12, hitting the upper circuit in intra-day trade after the company's board approved a major expansion plan involving land acquisition and investment of up to ₹ 250 million. The strategic move is aimed at boosting its agricultural and industrial footprint, with a focus on high-value pomegranate cultivation and establishing a distillery unit in Gujarat. In an exchange filing, the company stated that its board has approved a proposal—subject to satisfactory due diligence, regulatory approvals, and statutory clearances—to explore the acquisition of agricultural land in Kutch, Gujarat. The move is part of a larger initiative to diversify and strengthen its revenue streams by tapping into agribusiness and value-added industrial products. The land is proposed to be used for the cultivation of premium-quality pomegranates, leveraging the region's favorable agro-climatic conditions. Alongside this agricultural initiative, Murae Organisor plans to set up a distillery facility on the site to improve operational efficiency and expand into new business segments. The company noted that the estimated investment for this initiative is between ₹ 200 million and ₹ 250 million. However, the final investment figure will be determined after a detailed due diligence process, feasibility reports, and securing of all required statutory and governmental approvals. Murae Organisor emphasized that the proposed project aligns with several government schemes such as the "National Horticulture Mission," "Pradhan Mantri Krishi Sinchai Yojana (PMKSY)," and the "Gujarat Industrial Policy 2020." These policies support agricultural and industrial development through subsidies, tax benefits, and infrastructural assistance. The company believes that its new initiative could benefit from these frameworks, enabling long-term growth. The penny stock rose 4.65 percent, its upper circuit of ₹ 1.35, though it remains over 50 percent below its 52-week high of ₹ 2.73, touched in November 2024. On a broader timeline, the stock has shed 11 percent over the past one year. In May so far, the scrip has declined 5.5 percent after recording a 3.6 percent gain in April. Prior to that, the stock was in negative territory for four consecutive months—falling 18 percent in March, 19 percent in February, 0.5 percent in January, and 11.6 percent in December 2024. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hindustan Times
30-04-2025
- General
- Hindustan Times
Cracks detected in houses in Jamrani dam project area, DM orders investigation
Haldwani: The Nainital district administration in Uttarakhand has constituted a committee to investigate the cracks appeared in some houses within the impact zone of the Jamrani Dam Project in Haldwani and decided to install a seismograph to monitor seismic activity and determine the cause of the cracks, officials said on Wednesday. Officials said district magistrate Vandana (who goes by her first name) has taken swift action following reports of cracks appearing in several houses in the Khatikhan area and has constituted a committee to investigate the matter. A team of officials and geologists confirmed the presence of cracks after an inspection in the area on Wednesday. The district administration has also directed the Jamrani Dam Project to halt any blasting operations in its site and to begin construction of a protective security wall for the nearby village. A team led by sub-district magistrate (SDM) Nainital Nawazish Khaliq conducted a site inspection of the affected area, where seven houses are situated. Khaliq said geologist Kamini Bisht conducted an assessment of the damage. 'She recommended the immediate installation of a seismograph to monitor seismic activity and determine the cause of the cracks. It has been decided that the device will be installed by Friday'. 'Until the seismograph is operational, all blasting activities in the vicinity have been suspended', he added. He said project Manager Himanshu Pant of the Jamrani Dam Project has been formally instructed to halt any such operations and begin the construction of a protective security wall for the village. The inspection team, which included several departmental officers, emphasised the importance of safety measures and continuous monitoring to prevent further structural damage in the area. The Jamrani Dam Multipurpose Project under the Pradhan Mantri Krishi Sinchai Yojana is expected to provide 170 MLD (million litres per day) drinking water for the estimated population of Haldwani and border areas till the year 2051. It will also provide water for irrigation for about 57,000 hectares of agricultural land in Uttarakhand and Uttar Pradesh. In March this year, Uttarakhand chief minister Pushkar Singh Dhami was informed in a meeting that a target has been set to complete the Jamrani Dam Multipurpose Project by March 2029. The estimated cost of this project is ₹3,638 crore, out of which ₹678 crore has been spent.
