The proposed levy would use a sliding scale based on sugar content, while bakery manufacturers warn taxation could undermine reformulation efforts.
The Punjab-based FMCG company plans to use IPO proceeds to expand its retail presence, enter new categories and strengthen operations across international markets.
Zesta passion jam is specifically crafted under Trufoods Ltd’s “Exotic Jams” line, capturing a sweet and tangy flavor profile designed to bring a tropical twist to Kenyan breakfast tables.
The union is seeking equal two-year pay and benefits protection for employees affected by Unilever’s food assets transaction with McCormick.
The company will retain sales and delivery operations at the Maryland site while affected workers may receive bidding rights for available positions.