Libas Consumer Products signs contract with Hindustan Salts

Maharashtra-based Libas Consumer Products has signed an exclusive contract with Rajasthan-based, Government of India enterprise, Hindustan Salts to put a sticker of pH-11, depicting anti-corona and anti-acidity. Hindustan Salts is a company that exclusively produces fresh rainwater salt in Sambhar Lake in Rajasthan. Sambhar salt is the only salt in India with a high pH of 9 to 11, low hardness, naturally iodised, and blessed with 84 rare minerals used as medicine against corona & acidity.  

Black salt made from Sambhar salt is the best natural laxative and has numerous therapeutic values. The company also claims that its salt is anti-cancerous and enhances the functioning of the nervous system.  

Libas Consumer supplies imported rock salt and sells it through its marketing network. It is the biggest supplier of rock salt to Tata Salt. Besides, the company has several pharma companies as its customers as the high pH value salt is used in several medicines.     

In another development, the company has informed NSE that its board will meet on August 16, 2021, to consider the bonus issue. The company has rewarded investors with bonus shares twice earlier.