Poona dal & oil industries Ltd. has announced a significant business expansion with the establishment of a new cashew processing unit in Pune. The Board of Directors approved this strategic initiative during their meeting held on January 21, 2026, marking another milestone in the company's diversification efforts. Project Details and Investment The company has outlined comprehensive details for its new venture, which represents a substantial investment in the agro-processing sector. Parameter: Details Investment Amount: ₹5.00 crore Funding Source: Internal accruals Location: Kurkumbh, Pune 413802 Expected Commencement: Second week of March 2026 Business Activities and Operations The new cashew processing unit will encompass multiple operational aspects designed to create a comprehensive processing facility. The facility will focus on cashew processing, grading, packaging, and allied activities, positioning the company to serve both domestic and international markets effectively. Strategic Rationale The company has identified several key drivers behind this expansion initiative: Diversification of product portfolio beyond existing offerings Strengthening presence in the agro-processing segment Enhanced value addition capabilities Meeting growing domestic demand for processed cashews Capitalizing on export opportunities in international markets Expected Impact Poona Dal & Oil Industries expects this expansion to contribute positively to multiple aspects of its business operations. The company anticipates improvements in revenue generation, operational efficiency, and long-term growth prospects through this strategic investment. Regulatory Compliance The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency with stakeholders regarding this material business development and its potential impact on the company's operations and financial performance. Historical Stock Returns for Poona Dal & Oil Industries 1 Day 5 Days 1 Month 6 Months 1 Year 5 Years -0.83% -7.24% -11.68% -12.36% -12.71% +48.65%