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Company History
1992
- The Company was Incorporated as a public limited company on 14th October.
- The Company Engaged in the business of solvent extraction and refining of oil.
1993
- The Company obtained its certificate for commencement of business on 1st January.
- The company was engaged in the business of trading of deoiled cake.
- The Company proposed to set up a solvent extraction plant with a capacity for processing 100 tonnes per day of Soyabean seed or 150 tonnes per day of rapeseed/groundnut cake.
- The company would also set up an oil refinery plant with an installed capacity of refining 20 tonnes per day of oil at Jamnagar, Gujarat.
1995
- The Company offered 32,06,959 No. of equity shares of Rs.10 each for cash at par.
- 8,35,859 shares were offered to the promoters, Directors, their friends and relatives.
- 5,69,000 shares were offered to NRIs.
- 4,64,000 shares were offered to Mutual Funds.
- 4,20,100 shares were offered to the Financial Institutions.
- 9,18,000 shares were offered to the public.
1996
- 4,64,141 No. of equity shares were issued, subscribed and paid up.
- 32,11,059 No. of equity shares were issued through prospectus.