Monday, in the Pun Najab Cabinet, Prime Minister Amarind Singh He took the initiative in approving the merger Pun Najor Agro Juices Limited (PAJL) With Pun Najab Agri Export Crop Limited (PAGREXCO). The reason behind this is to promote the crop diversity program and promote agricultural and fruit development in the region.
Based on the recommendations of the Board of Directors, the Cabinet approved the merger of the Department of Agriculture and Farmers’ Welfare. PAGREXCO And PAJL boards And a committee of officials headed by the Secretary-General.
An official spokesman said it would be part of the coalition after the cabinet meeting Pun Najib Agri Export Corporation Limited This merger will authorize Punjab Agro Industries Corporation Limited (PAIC) to carry out all the actions and activities necessary to implement the merger program and to make this program effective.
The merger directs PAJL and PAGREXCO, leverages PJL’s resources, promotes agreements, better economic growth, operations, strengthens relationships between farmers, and better reaches consumers through back-and-forth relationships, joint branding and marketing. Finally, provide benefits to farmers and the region’s agricultural sector.
Under the terms and conditions of the merger, the new entity is conceived as a company and the final decision rests with the board of directors. The chairman will be a well-known gardener with extensive agricultural experience. The Board of Directors is appointed on the basis of their expertise in the fields of fruits and vegetables, marketing and finance.
Pun Najor Agro Juices Limited (PAJL)): Pun Najab Agro Juice Limited is a listed company dated February 1, 2006. It is registered as a joint venture company and is registered with the Chandigarh Companies Registry.
Pun Najab Agri Export Corporation Limited (PAGREXCO) – Pun Najab Agri Export Corporation Limited is a leading producer of various organic wheat flour, organic rice, organic Moringa flour, etc. located in District 28a (Chandigarh, India).