June 26, 2017 2:33 AM ET

Food and Staples Retailing

Company Overview of Natures Basket Ltd.

Company Overview

Natures Basket Limited engages in the gourmet food retailing business in India. The company’s stores offer breakfast items, including oats, muesli, cornflakes, bran flakes, and granola bars; carbonated beverages, juices, squashes and syrups, water, tea and coffee, and sports and health drinks; bakery products comprising breads, muffins, dry cakes, croissants, and patisseries; condiments, cooking pastes, dry grocery, flours and grains, ghee, oils, and ready to cook mixes; and Indian and imported fruits and vegetables. Its stores also offer fresh poultry, lamb, sea food, cold cuts, sausages, pates, caviar, and frozen non veg foods; chocolates, confectionery, biscuits, cookies, crackers, dry fr...

Pirojshanagar

Gate No 4

Eastern Express Highway

Vikhroli (East)

Mumbai,  400079

India

Founded in 2005

Phone:

91 22 2519 7788

Fax:

91 22 2519 7240

Key Executives for Natures Basket Ltd.

Managing Director and Director
Company Secretary
Compensation as of Fiscal Year 2016.

Natures Basket Ltd. Key Developments

Godrej Nature's Basket Pulls its Operations in Hyderabad; to Open Three New Stores Between April and June in 2017

Godrej Nature's Basket announced that it has pulled the plug on its operations in Hyderabad. The retailer has downed the shutters on both its stores in the upmarket Jubilee Hills and Banjara Hills areas. The latest store in Hyderabad closures come on the heels of the premium retailer shutting down six of its eight stores in Delhi NCR in December 2016, with the exception of the Greater Kailash and Defence Colony stores. The company is focusing on opening three new stores between April and June in 2017 as well as the online business.

Natures Basket Reports Sales Results for the First Half Ended September 30, 2016

Natures Basket reported sales results for the first half ended September 30, 2016. For the first half, net sales were INR 1,550 million. Net sales grew by 28% as compared to first half 2015-16.

Natures Basket Ltd. Announces Management Changes

Natures Basket Ltd. appointed Avani Dava as a Managing Director for a period of three years, effective May 5, 2016. Mohit Khattar current Managing Director is moving within the group as Head - Retails Strategy and Branding, which will work with businesses across the group. Avani Davda in her last assignment was the Chief Executive Officer of Tata Starbucks Private Limited. She comes with the rich experience of working across consumer facing sectors of the Tata Group viz. Tata Global Beverages, Taj Hotels, Infiniti Retail, Tata Housing and Tata Infrastructure & Realty.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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