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| Company History - Bajwa Agro Industries Ltd | |
Bajwa Agro Industries Limited was originally incorporated on 24th March, 1993 under the Companies Act, 1956 as a Public Limited Company in the name of Bajwa Agro Oil Limited. The company has obtained a Certificate for Commencement of Business on 18th June, 1993. Subsequently, the shareholders of the company passed a special resolution in Annual General Meeting of the company held on 30.9.1994 and the name of the company was changed to Bajwa Agro Industries Limited w.e.f. 3.10.1994. Main Objects The main objects of the company as set out in the Memorandum and Articles of the company are reproduced below:- 1. To set up oil seeds, Bran Seed Cakes processing complex for expelling, extraction and refining of oils by mechanical, electrical and/or chemical means from all or any of the kind and/or type of commodities viz rice bran, all type of oil cakes and all kinds of oil bearing seeds and nuts. 2. To manufacture, process, refine, prepare, crush, extract, hydrogenate, sell, buy, import, export or otherwise deal in all kinds of crude oil, refined oil, edible oil, non-edible oil, perfumed oil and extracting by-products thereof. 3. To manufacture oil derivatives, acid slury, refine, prepare, treat, purchase, sell, import, export, store, distribute or otherwise deal in rice bran, oil cakes and seeds, nuts, soaps, vegetable ghee and deoiled brans,perfumery and all kinds of by-products and ingredients thereof. Present Business The company proposes to set up an integrated vegetable seed oil processing complex comprising a 150 tpd Oil Mill, 150 tpd Solvent Extraction Plant and a 60 tpd Vegetable Oil Refinery at village Qadian, Distt. Gurdaspur in the state of Punjab. The project is envisaged in the edible oil industry. Edible oils form one of the main ingredients in preparation of foods and are used worldwide. The major Companies in the field are ITC Agro Tech, Jayant Agro, Kothari Global, Ruchi Soya, Tinna Oils etc. In India, the nine major seeds which mainly contribute to the production of edible oil, are Groundnut,Mustard/Rapeseed, Soyabean, Sunflower, Sunflower,Nigerseed, Casterseed and Linseed. The company proposes to use Sunflower and Mustard/Rapeseed Oilseeds to produce edible oil. |
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| Source : Dion Global Solutions Limited | |
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