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UFM Industries > Company History > Food Processing > Company History of UFM Industries - BSE: 531610, NSE: N.A
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UFM Industries
BSE: 531610|SECTOR: Food Processing
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UFM Industries is not traded in the last 30 days
UFM Industries is not listed on NSE
Company History - UFM Industries
The company was originally incorporated as a Private Limited Company
 on 04.06.1986 as U.F. Mills Private Limited in Shillong, Assam to
 carry out the business of wheat flour and to purchase and takeover
 the flour mill Known as Union Flour Mills.  Union Flour Mills was a
 partnership concern which started commercial production in the year
 1965 with an installed capacity of 30000 Tpa.  Subsequently under
 expansion programme another unit was set up with an installed
 capacity of 42000 Tpa within the same complex located at Meherpur,
 Silchar in the state of Assam. The Company was converted into public
 limited Company on 18.03.1988.  The Company has set up another 42000
 Tpa Roller Flour Mill with Buhler technology of Switzerland at
 Gauripur in the District of Dhubri (Assam) with financial assistance
 of IDBI, ICICI and IFCT which started its commercial production in
 the month of March 1990.  The Company is having a product of Maida,
 Suji, Atta & Bran with installed capacity of 1,14,000 M.T.
 
 Main objects of the Company
 
 The main objects of the company as set out in the Memorandum &
 Articles of Association of the company inter-alia are as follows:
 
 1. To carry on the business of manufacture and sale of wheat flour
 and allied products, millers and grinders of wheat, rice, gram, corn,
 seeds and spices of all kinds and descriptions.
 
 2. To own flour mills, rice mills, and factories for manufacture of
 wheat flour, rice, grain, corn, seeds and spices of all kinds and
 descriptions.
 
 3. To act as owners of flour mills, rice mills, oil mills, and other
 mills and factories for the manufacture of the aforesaid products.
 
 4. To carry on the business of purchase and sale of wheat, rice,
 grain, corn, jowar, bajra, barley, oat and any other kind of grain
 and vegetable oil seeds, cereals, bran corn and spice of all kinds
 and descriptions.
 
 5. To purchase and take over the flour mill known as M/s Union Flour
 Mills and such land, buildings, plant and machinery, other fixed
 assets, stores, stocks, other assets and liabilities, pending
 contracts, licences, quotas and other rights as may be agreed upon
 between the present owners and the Directors of the company.  
 
 To take over the existing business of flour mills, and other mills
 for manufacture of rice, corn, seeds, and spices of all kinds and
 descriptions.
 
 7. To carry on the business of lessees of flour mills, rice mills,
 oil and other mills for manufacture of wheat flour, rice, corn,
 vegetable oil seeds, spices, bajra, jower, barly and oat.
 
 8. To carry on the business of rice mill and solvent extraction
 plant.
 
 9. To carry on the business as bakers and manufacture of and dealers
 in and act as agents for bread, biscuits, cakes and farinaceous
 compounds and substances products and materials.
 
 10. To carry on the business of extracting edible and non edible oils
 either by crushing or by chemical or any other process rom copra,
 cotton seed, linseed, castor seeds, mustard seed, groundnut seed or
 any other seed or nut or other oil bearing substance and to
 manufacture, export, import and deal in and act as agents for boiled
 oils and all kinds of oil preparation and oil products and
 bye-products including soap, candles, oil cakes, etc. and act as
 tallow merchants and oil merchants.
 
 11. To carry on the business of seed and grain-growers, seeds
 crushers, refiners of oil and oil products,manufacturers of and
 dealers in and act as agent for hydrogenated oil, vegetable ghee;
 butter substitutes, glycerine and all kinds of oil preparations and
 oil products.
Source : Dion Global Solutions Limited
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