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Gujarat Ambuja Exports Ltd

NSE: GAEL BSE: 524226

₹159.98

(0.76%)

Fri, 26 Jun 2026, 07:55 pm

Company History

1991

  • Gujarat Ambuja Exports Ltd was established as a public limited company on 21st August.
  • The Company obtained its Certificate of Commencement of Business on 23rd August.

2000

  • The Company entered into arrangements with CDSL & NSDL for Demat.
  • The Company promoted an Information Technology Project by promoting Jupiter Infosoft Ltd.
  • The Company allotted 63 lakh equity shares of Rs 10 each at a premium of Re 1 each to the holders of 6.3 lakh optionally convertible unsecured debentures of Rs. 110 each.

2001

  • The Company was assigned a revised P1+ rating for its commercial paper programme of Rs 5 crore by Crisil.

2003

  • Shri Prakash G Ramrakhani was appointed as Director of the Company.
  • Shri Ashok C Gandhi was appointed as Director of the Company.
  • Shri Manish Gupta was re-appointed as Managing Director of the Company.
  • The Company was authorized to issue and allot 41,40,000 Equity Shares.
  • The Company was authorized to delist Equity Shares from Delhi and Jaipur Stock Exchanges.

2004

  • The Company received approval for delisting of equity shares from The Delhi Stock Exchange Association Limited.
  • The Company received in-principle approval from the Jaipur Stock Exchange for delisting of Equity Shares.
  • Jupiter Biotech Ltd amalgamated with the company, and the company allotted 4,098,000 equity shares of Rs 10 each to the shareholders of Jupiter Biotech Ltd.

2006

  • The Company split its face value of shares from Rs 10 to Rs 2.

2008

  • Shri Sanjay S Maniar was appointed as Company Secretary and Compliance Officer of the Company.

2010

  • Shri Sandeep Agrawal, Whole Time Director, was appointed as Compliance Officer of the Company.

2012

  • The Board of Directors of the Company declared an interim dividend at 40% p.a. i.e. Rs. 0.80 p.a. per Equity Share of Rs. 2/- each.

2013

  • Gujarat Ambuja Exports Ltd announced the commencement of Commercial Production of Maize.

2014

  • The Board of Directors of the Company approved an Interim Dividend at 42% p.a. i.e. Rs. 0.84 per Equity Share of Rs. 2/- each.
  • Shri R. N. Joshi was appointed as an Additional Director (Non-Executive, Independent Director).

2018

  • The Company decided to set up a Green Field plant at Malda, West Bengal for 1000 TPD Maize Processing at an estimated cost of 300 crores.
  • Gujarat Ambuja Exports started commercial operations at its new plant in Maharashtra.
  • The commercial operations of the first phase of its 1,000 MT per day green field maize processing plant set up at Chalisgaon in Maharashtra commenced.

2020

  • Gujarat Ambuja Exports Ltd approved the split of every 1 equity share of the company having a face value of Rs 2.00 each into 1 equity share of face value Rs 1.00 each.
  • Gujarat Ambuja Exports Limited acquired a 100% stake in Mohit Agro Commodities Processing Private Limited.

2021

  • Gujarat Ambuja Exports Limited is principally involved in the Agro-processing business with dominance in Maize products and Edible oils.

2022

  • Gujarat Ambuja Exports inaugurated its 1200TPD Maize Processing Unit at Malda, West Bengal.

2023

  • Gujarat Ambuja Exports Limited commissioned its 1200TPD Maize Processing Greenfield Project at Malda, West Bengal.

2024

  • The Company has issued Bonus Shares in the Ratio of 1:1.
  • The Company commissioned a 100TPD Sorbitol Unit at its existing unit in Hubli, Karnataka.
  • The Company commissioned a 120 TPD Liquid Glucose Plant at its existing unit in Malda, West Bengal.

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