SENSEX NIFTY
KRBL > Company History > Food Processing > Company History of KRBL - BSE: 530813, NSE: KRBL
YOU ARE HERE > MONEYCONTROL > MARKETS > FOOD PROCESSING > COMPANY BACKGROUND - KRBL
KRBL
BSE: 530813|NSE: KRBL|ISIN: INE001B01026|SECTOR: Food Processing
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
LIVE
BSE
Oct 21, 19:10
100.35
-2.45 (-2.38%)
VOLUME 42,390
LIVE
NSE
Oct 21, 19:10
100.45
-2.3 (-2.24%)
VOLUME 171,451
Company History - KRBL
 
 KHUSHI RAM BEHARI LAL LIMITED was started as a partnership
 firm in the year 1988 - the partners being Mr. Anil K.
 Mittal, Mr. Anoop K. Gupta and Mr. Arun K. Gupta under the
 name and style M/s. K.B. Overseas.  The partners of the
 firm then promoted M/s. Khushi Ram Behari Lal Ltd. with the
 intention to take over the operations and businesses of
 the partnership firm with effect from April 1, 1993.  The
 Company, was incorporated on 30th March, 1993 and the
 certificate of Commencement of Business was obtained on
 26th April, 1993 from the Registrar of Companies, Delhi and
 Haryana with the object to process paddy.  All the balances
 of the partnership firm as appearing in the books of
 account as on 31.03.1993 were transferred in the company's
 name at their book values.
 
 The promoters of the company Shri. Anil K. Mittal, Shri.
 Arun K. Gupta and Shri. Anoop K. Gupta hail from an old
 business family engaged in the trading of agro products
 since 1889 in Lyalpur (presently in Pakistan).  After the
 partition of the country and a split in the family, the
 promoters of the company re-established themselves in Delhi
 as commission agents and traders of various agro product.
 Thereafter they started, merchant export of rice in the
 partnership firms M/s. K.B. Overseas and M/s.  Khushiram
 Beharilal (Export Division).  The manufacturing activity
 i.e.  processing of paddy were started in M/s. K.B.
 Overseas from 1st March, 1992.
 
 The company has been exporting its entire produce to
 various buyers in Saudi Arabia.  The export turnover of the
 company has risen from Rs. 4.95 crores in 1992 to Rs. 24.46
 crores for the year ended 31st March, 1994.  The export
 turnover of the group for the same period has risen from
 Rs. 17.02 crores to Rs. 72.47 crores.  The group has been
 recognised by the APEDA with a merit certificate this year.
 According to APEDA, the group is second in merit in terms
 of rice export turnover.
 
 MAIN OBJECTS OF THE COMPANY
 
 The main objects of the Company as set out in the
 Memorandum and Articles of Association, inter alia, are as
 follows:
 
 1. To separate husks from paddy or other products therefrom
 of any description
 
 2. To produce, purchase, sell, store or otherwise deal in
 rice/paddy cereals, pulses and food grains of all kinds and
 other allied produce.
 
 3. To treat, cure, submit to any process of manufacture and
 prepare for the market agricultural products of all kinds or
 things whatsoever including dairy, piggery, farm and garden
 produce of all kinds.
 
 4. To carry on the business of bottlers, canners, packers,
 preservers, co-opters, dehydrators, maltsters,
 manufacturers, dealer and merchants of fruits, herbs,
 vegetables, tonics, favoured drinks, nectars, fruit juices,
 punches, vinegar, acetic acid, glucose, malts hops,
 mustard, pickles, sauces, squashes, symps, essences,
 aerated waters, grains, meal, yeast and deal in all others
 such materials and things used in connection with any of the
 above.
 
 5. To carry on the business of commission agents,
 consultants, brokers, stockists, warehouse keepers,
 importers, exporters, wholesellers or retailers of any or
 all of the items as referred to in para (1) to (4) above.
 
 SUBSIDIARY OF THE COMPANY
 
 The Company does not have any subsidiary within the meaning
 of Section 4, of the Companies' Act, 1856.
 
 
 2000 - KRBL has launched its premium brand of basmati rice Doon.
 
 2003-Saudi group to pick up 16.7% stake in KRBL.
 
 -Board of Directors at its meeting held December 18, 2003 allotted
 30,00,000 equity shares of Rs 10/- each at a premium of Rs 80/- per
 equity share on preferential basis.
 
 2004
 
 -KRBL buys rice mill plant worth Rs 40 cr in Punjab
 
 -KRBL Limited acquires an integrated rice milling plant in Dhuri,
 Punjab
 
 -KRBL join hands with agro cos to offer FMS to farmers
 
 2007
 
 -Krbl Limited has informed that The Board of Directors of the Company
 has appointed Mr. Ashwani Dua and Mr. Shyam Arora as Additional
 Director of the Company.
 
 2009
 
 - Krbl Limited has informed that Mr. Dhiraj Kumar Jaiswal has been
 appointed as Company Secretary w.e.f. January 30, 2009 in place of
 Mr. H. K. Agarwal. Further, he will also act as the Compliance
 Officer of the Company and necessary committees of the Board.
 
 2010
 
 - The Company has given a purchase order to Suzlon Energy Ltd for the
 set up of 8.1 M.W Wind Turbine Generator(s) plant in the state of
 Tamilnadu (India)
 
 - The Board has recommended dividend of Rs. 0.15 per share.
 
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2011
 
 - Board have recommended a final dividend of Re. 0.30 per share.
 
 2012
 
 - Board has recommended a final dividend of Re. 0.30 per share of
 face value of Re. 1/- each.
 
 - Mr. Raman Sapra has been appointed as Company Secretary.
 
 - Mr. Dhiraj Kumar Jaiswal has been appointed as Compliance Officer
 of the compnay.
Source : Dion Global Solutions Limited
Quick Links for KRBL
Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.