L.T. overseas inaugurates its state-of-art Silos Complex

New Delhi, 18th September 2006: His Excellency, Dr. A.R.Kidwai, Hon. Governor for the state of Haryana inaugurated today the Silos Complex of L.T.Overseas Ltd.

L.T. Overseas Ltd., manufacturers of the popular "Daawat" brand of Basmati Rice, has set up the state-of--art large format silos, a new warehousing facility complete with drying and cleaning equipment at its Bahalgarh plant, distt. Sonepat, Haryana.

Silos are cylindrical structures used for storage of paddy. "Silo-format" warehousing requires just 25% of normal ground storage space, requires less labour and also results in substantial reduction in spoilage with no cost for bags. Other advantages of silos include elimination of development of offensive odors, maintaining the whiteness of Basmati rice, maintaining uniform moisture content and less breaking of rice. The Company also intends to use this facility for automation of its rice mills. All these advantages will help in maintaining uniform quality of rice, reduce process variations resulting in optimization of yields. Thus, with this expansion, L.T. Overseas stands to greatly enhance the quality of their basmati rice.

Mr. V.K. Arora, Chairman, L.T. Overseas Ltd. said on the occasion, "By adding the new state-of-art silos complex, complete with drying and cleaning equipment, L. T. Overseas Ltd. is taking another giant step forward in further improving its product quality of Rice. It is a part of our constant endeavor towards achieving excellence.

About LT Overseas Ltd.

LTOL is primarily in the business of milling, processing and marketing of branded & non-branded rice and manufacturing of rice food products in the domestic and overseas market. The company's operations include contract farming, procurement, storage, processing, packaging and distribution. The company is also engaged in research & development to add value to rice and rice food products. The product portfolio comprises brown rice, white rice, steamed rice, parboiled rice, organic rice, quick cooking rice, value added rice and flavoured rice in the ready to cook segment.