ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Mahadev Leasing Company

Mahadev Leasing Company

EPW Research Foundation CO-PROMOTED by Punjab Agro Industries Corporation (PAIQ, Agro Dutch Foods is setting up an export oriented unit for producing hand-picked white button mushrooms in technical collaboration with Dalsem, Holland. The Rs 23.5 crore project involves government participation in equity to the extent of Rs 1.5 crore and has a buyback agreement with Dalsem, Holland for an initial period of five years. The project enjoys various advantages such as well chosen location, cheap and easy availability of raw material and low capital cost. To part finance the project, which is being financed through equity capital of Rs 13 crore and,term loans of Rs 10.5 crore, the company will tap the capital market shortly with a public issue aggregating Rs 5.6 crore.

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