Pradhin Ltd has announced a strategic move to diversify its operations by venturing into the agricultural waste management and processing sector. This decision, communicated under Regulation 30 of SEBI (LODR) Regulations, 2015, reflects the company’s commitment to sustainable development, environmental responsibility, and exploring high-growth, impact-driven opportunities.
Key initiatives in the new venture:
- Biogas Production: Transforming agricultural waste into renewable energy for domestic and industrial applications.
- Composting: Producing high-quality organic compost to reduce chemical fertilizer dependency and improve soil health.
- Biofertilizer Production: Creating eco-friendly fertilizers from recycled agricultural waste to promote sustainable farming.
- Waste-to-Energy Initiatives: Converting crop residues into energy to reduce reliance on non-renewable resources.
- Circular Economy Practices: Encouraging the reuse of agricultural by-products to minimize waste and generate value-added products.
The company highlights the strategic significance of this initiative, which aligns with global demand for sustainable waste management and government policies promoting clean energy and sustainable agriculture. This venture aims to enhance Pradhin Ltd’s revenue while supporting environmental preservation, rural development, and circular economic practices.
The company has emphasized that this initiative is in its exploratory phase. Comprehensive due diligence, feasibility studies, and risk assessments will guide the project’s progress, with the potential to modify or discontinue plans based on findings. Pradhin Ltd has assured stakeholders of transparency and compliance throughout this process.
