Temptation Foods Ltd (TFL) has acquired a food processing unit from its fellow Indian-based company Chambal Fertilisers & Chemicals Ltd.


According to local reports, financial details were not disclosed.


In a statement, Chambal said that the transaction is subject to the execution of definitive agreements by both the companies.


TFL underwent a complete financial restructuring in 2006 making it completely debt free by raising approx. US$3m from international hedge funds and HNIs.


TFL closed 2006-07 with a turnover of US$ 9.6m and a profit after tax of US$1.42m resulting in an annualised EPS of 10.93 cents per share on a fully diluted basis.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now