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KS Oils > Company History > Edible Oils & Solvent Extraction > Company History of KS Oils - BSE: 526209, NSE: KSOILS
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KS Oils
BSE: 526209|NSE: KSOILS|ISIN: INE727D01022|SECTOR: Edible Oils & Solvent Extraction
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Dec 19, 16:30
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Company History - KS Oils
The company was incorporated as a private limited company on 4th
 December, 1985 in Madhya Pradesh.  The company became a deemed public
 limited company from 1st July, 1990 and was converted into a public
 limited company on 8th February, 1993. The main object of the company
 is manufacturing and dealing in oils, vegetable oils and fats,
 products of plantation, soaps and allied products. The company has
 been promoted by Omprakash Garg, Mohanlal Garg, Govind Garg, Gopaldas
 Garg and Ramesh Garg. The Company commenced its operation in July 1986
 with a refinery having a processing capacity of 17100 Metric Tonnes
 per annum.  In 1990, it set up an oil mill for extraction of 12960
 Metric Tonnes of oil per annum and also a tin plant to manufacture
 900000 tins or 450 Metric Tonnes per annum.  In March 1992, refinery
 capacity was expanded to 43200 Metric Tonnes per annum. The company
 has now embarked upon a expansion project which involves setting up
 solvent extraction plant with an annual capacity of 43,200 Metric
 Tonnes per annum of solvent extracted oil and 1,33,200 Metric Tonnes
 of deoiled cake with specialised facilities.
 
 2006
 
 -KS Oils Ltd has has appointed Mr. Sanjay Agarwal, as Managing
 Director w.e.f. November 25, 2006. Mr. G P Garg, has ceased to be the
 Managing Director.
 
 -K S Oils has given the Bonus in the Ratio of 1:1
 
 2007
 
 -KS Oils Ltd has entered into a Joint Venture in Malaysia with a
 stake of 49% for the purpose of investments / acquisitions of Palm
 Plantations and / or manufacture of crude palm oil.
 
 - The Company has splits its face value from Rs10/- to Rs1/-.
 
 2009
 
 - K S Oils Limited has appointed two additional directors namely Dr.
 Jaipal Singh and Mr. R K Nagar. Dr Jaipal Singh was appointed in
 place of Mr R.P. Aneja.
 
 
 2010
 
 -Sourabh Garg appointed Vice-Chairman of K S Oils Ltd.
 
 2011
 
 -Mr. Ritesh Jain appointed as a Company Secretary of the company.
 
 2012
 
 -KS Oils - Intimation for the approval of the CDR Package.
Source : Dion Global Solutions Limited
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