- Business
- Chatha Foods Ltd (CHATHA.BO), founded in 1997 and headquartered in Jalandhar, Punjab, India, manufactures and supplies frozen and ready-to-eat processed food products to quick service restaurants (QSRs), casual dining restaurants (CDRs), and other HoReCa segment players across India. The company operates a BRC-certified manufacturing facility in Mohali, Punjab, with a production capacity of approximately 7,839 metric tons annually; its product portfolio spans three categories including non-vegetarian items such as chicken appetizers, meat patties, chicken sausages, sliced meat, pizza toppings, sandwich fillings, burger patties, and snacks; vegetarian products like pizza toppings, sandwich fillings, burger patties, and taco fillings; and plant-based offerings comprising sausages, salami, pepperoni, Indian snacks including kebabs, tikkas, and samosas, as well as nuggets and grilled burger patties. Chatha Foods distributes through a network of 29 distributors covering 32 cities, serving clients such as Domino's, Subway, Burger King, Cafe Coffee Day, and Wok Express, while also marketing select products under its own Chatha Foods brand to mid-segment and standalone QSRs. Recent developments include a joint venture with Allana Group announced in October 2024 to invest Rs80-100 crore in a new facility for ready-to-cook and ready-to-eat meat and chicken products with 500 and 375 metric tons monthly capacity respectively, where Allana holds 30% equity; preferential allotments in 2025 to Allana CF Foods including 63 lakh shares in September for Rs6.3 crore and 35 lakh shares in August for Rs3.5 crore; a private placement in December 2024 raising up to Rs205 million from investors like Odyssey Corporation, Nine Rivers Capital, and Negen Undiscovered Value Fund; expansion of its existing facility with a Rs42-44 crore capex for flatbreads, gravies, and frozen-to-fried products; plans to commission two new plants by January 2026; and a name change confirmation to Chatha Foods Limited in September 2023 following conversion to public limited company status.