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Sayaji Industries Ltd

NSE: BSE: 540728

₹93.35

(-1.89%)

Sat, 14 Mar 2026, 11:09 pm

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Company History

1941

  • The company was incorporated on 30th January at Baroda.

1952

  • The name of the company was changed from Hindustan Colour Chemical and Manufacturing Company Limited to Maize Product Limited.

1954

  • 1,000 - 4% Pref. shares and 1,000 - 4% III Pref. shares were issued as bonus shares.

1955

  • The shareholders of Shri Sayaji Mills Co., Ltd. were issued various preference and equity shares without payment being received in cash.

1956

  • The name of the company was changed to its present one on 24th August.

1961

  • The company sold its former Sayaji Mills No. 2 to Rajesh Textile Mills Limited on 1st September.
  • The company purchased all the fully paid up equity shares of Shri Shubhalaxmi Mills Limited on 14th December.

1966

  • 20,000 - 6% Special Pref. shares and 30,000 No. of Equity shares were issued for cash at par in 1956/57.
  • 10,000 Bonus Equity shares were issued in the proportion 1:5 in 1966/67.

1973

  • The company developed a new project for the manufacture of sorbitol with a capacity of 2000 TPA.

1981

  • The old double effect evaporator was replaced by a triple effect evaporator.

1982

  • The triple effect evaporator was commissioned.
  • A new drier was installed.

1984

  • A 2500 KW pass-out back pressure turbine was installed.
  • A high efficiency boiler was established at the Chalakudy plant.

1986

  • 15% non-convertible debentures of Rs 200 lakhs were privately placed with UTI for working capital purposes.

1987

  • 4.5% B II Pref. shares were consolidated.

1991

  • The company renewed its agreement with Amylum, Belgium for the upgradation of technology of the Maize products unit.

1993

  • The company established a new plant for the manufacture of Mannitol.

1994

  • The company implemented agreements with M/s. Amylum of Belgium to update technology and improve the quality of finished products.

1997

  • All the preference shares were redeemed at par on 31st March 1998.

2018

  • The company split its face value from Rs. 10 to Rs. 5.
  • The company commenced its new state-of-the-art Dextrose Monohydrate Plant at its factory premises in Ahmedabad.

2022

  • Sayaji Industries Limited commenced commercial production of its new spray drying division located at Kathwada, Ahmedabad.
  • The division has a capacity of approximately 1800 MTs per annum and was set up with a capital expenditure of approximately Rs. 25 Crores.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800