Kothari Fermentation Begins Yeast-Based Protein Production with NextFerm Technologies

Kothari Fermentation and Biochem Ltd has announced the commencement of yeast-based protein production in collaboration with NextFerm Technologies Ltd. Following the installation of plant equipment at their Sikandrabad facility in Uttar Pradesh, manufacturing operations have begun after successful trial runs in the first quarter of FY 2024-25.

Sales of the product have also commenced as part of this agreement. This marks a significant milestone in their partnership aimed at marketing and distributing yeast extract and other related products.

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Market Reaction

After the company announced an increase in production to the BSE at around 1:30 PM, the stock price experienced significant fluctuations. Initially, the price rose from ₹73 to ₹78. By 2:00 PM, it had further surged to ₹80, and by 2:30 PM, it peaked at ₹82.

However, the price fell sharply to ₹80 by 3:30 PM before rebounding to close at ₹82 when the market closed. To monitor the live stock price, you can check the BSE stock price Here 

Kothari Fermentation

Kothari Fermentation and Biochem Ltd., established in 1990 and publicly listed on the Bombay Stock Exchange, specializes in manufacturing yeast and its derivatives at its advanced facility in Sikandrabad, Uttar Pradesh.

With a production capacity of 25,000 metric tons per annum, the company offers a range of products including fresh yeast, dried yeast varieties, yeast extract powder, and more under brand names like Superfast and Sunrise.

Supported by an experienced board and R&D team, Kothari Fermentation serves diverse industries such as bakeries, distilleries, and pharmaceuticals, focusing on innovation and quality in yeast-based products.

NextFerm Technologies

NextFerm Technologies specializes in cutting-edge, sustainable yeast fermentation technologies poised to revolutionize mass food production amidst growing global concerns over land and water resources.

With a focus on non-GMO strain development, NextFerm excels in creating robust and highly efficient yeast strains tailored for industrial-scale applications. Their expertise extends to optimizing fermentation processes across various yeast strains, from laboratory settings to commercial production.

Additionally, NextFerm is adept at extracting and purifying natural biomasses, enhancing their suitability for diverse applications in food, beverages, and dietary supplements.