The day for Maggi to be back on shop shelves isn’t far, production to soon resume in all plants!
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The company is discussing the matter with state authorities.
"In compliance with the orders of the High Court of Bombay, fresh samples from these newly manufactured batches will be sent for testing to the three accredited laboratories mandated by the High Court," Nestle said in a communique to the
The company, however, said that it would start the sale of Maggi noodles only after clearance from these three laboratories.
The Bombay Stock Exchange (BSE) earlier sought clarification from Nestle over media reports on resumption of Maggi noodles production.
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This was followed by a ban on Maggi noodles by the Food Safety and Standards Authority of India (
The company had withdrawn the instant noodle brand from the market.
Nestle India, took a hit of Rs 450 crore, including destroying over 30,000 tonnes of the instant noodles since June.
The company has said that it would continue with the existing formula of the product and would not change their ingredients.
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After the ban was imposed, Nestle India had reported a standalone loss of Rs 64.40 crore for the quarter ended June 30, 2015, its first quarterly loss in over three decades.It had posted a net profit of Rs 287.86 crore during the April-June quarter of 2014-15.
(Image: Reuters)
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