The company was incorporated on 3rd September, 1943 at Shore Cantt.
Bhopal. It manufactures sugar by double sulphitation process and
produces/processes oil and oil seeds. In 1983-84, 2 fully paid equity
shares of Rs.100 each of Sanrose Investment co. pvt ltd., were
acquired making it a subsidiary of the company.
Subsequently, the company subscribed to 19978 equity share of
Rs.100 of Sanrose of which Rs.25 per share was paid up. The company
proposed to promote and incorporate a new company in the name of
'Jagmanek Export Ltd, as a wholly owned subsidiary with an objective
to engage in export activity.
2002- BSI Ltd has informed that, the company has become a Sick
Industrial Company as per SICA, 1985 and registered with
BIFR as Case No.149/98. The BIFR has declared the company
as 'Sick Industrial Company' and IDBI has been appointed as Operating