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Gokul Refoils and Solvent Ltd.

BSE: 532980 | NSE: GOKUL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE020J01029 | SECTOR: Edible Oils & Solvent Extraction

BSE Live

Nov 26, 16:00
31.00 -1.30 (-4.02%)
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NSE Live

Nov 26, 15:50
30.90 -1.45 (-4.48%)
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Company History - Gokul Refoils and Solvent
Our Company was incorporated on December 29, 1992 as Gokul Refoils and
 Solvent Private Limited
 vide Registration No. 04-18745 under the Companies Act, 1956.
 Subsequently it was converted into a
 public limited company vide special resolution passed at the Extra
 Ordinary General Meeting of the
 Company held on May 2, 1994, pursuant to which, we received a fresh
 certificate of incorporation
 dated July 1, 1994 by the Registrar of Companies, Gujarat,
 In the year 1982, our Promoters made a modest start by setting up a
 small solvent extraction unit and
 trading in edible oils. In line with our long term vision our
 promoters incorporated our Company in
 1992 and setup an oil refinery at Sidhpur, in Gujarat. In 2003 our
 Company setup another refinery of
 800 TPD and Vanaspati plant of 100 TPD at Gandhidham. In 2006 we
 setup four environment friendly
 wind mills of 1.25 MW each in Kutch and co-generation power plant of
 500 KWH at the Gandhidham
 unit. In 2007 we purchased a 100 TPD operational refinery in Surat.
 Towards expanding the scale of
 operations and having global presence we setup offices in Mauritius
 and Singapore. Today the groups
 interest includes manufacturing and refining of edible oil, castor
 oil and its derivatives, vanaspati,
 solvent extraction, power generation, commodity trading in the
 domestic and international markets.
 We have a well established network spread across 19 States catered by
 our 18 Clearing & Forwarding
 agents (C&F agents) and their 802 distributors, 3 depots, 15 brokers
 and their 295 resellers,
 distributing our products through a total 1133 bulk points of
 presence. These agents then distribute our
 products to the numerous retailers spread across the length and
 breadth of India. Also to make our
 presence more visible overseas markets, we intend to invest more in
 our foreign subsidiaries.
 Our Companys vision is to become a major diversified, transnational,
 reputed, integrated Edible Oil
 company with national leadership and a strong environment
 Year        Major Events
                Incorporated as a private limited company on December
 29, 1992 1992
                Setup a small processing plant at Sidhpur
 1994       Converted into a public limited company w.e.f. from May 2,
 1999       Increase in production capacity by setting up 200 TPD seed
 processing and solvent plant
               along with 200 TPD refinery.
 2000       Achieved a turnover of - Rs. 10000 Lacs
 2002       Obtained ISO 9001:2000 certification for Sidhpur plant
                We setup a wholly owned subsidiary in Mauritius 2003
                Setup a refinery of 800 MT and Vanaspati plant of 100
 MT at Gandhidham
                Achieved a turnover of - Rs. 50000 Lacs 2004
                Inauguration of our Corporate House at Ahmedabad
                Achieved a turnover of - Rs. 100000 Lacs
                Mr. Kanubhai Thakkar, Managing Director, receives Oil
 Man of the year award by
                Globoil India
                Our Company received an award from the Malaysian Palm
 Oil Promotion Council.
 2005       Initiated an aggressive brand building exercise, film
 actress Sridevi endorsed our products, 
                as our Brand Ambassador
                Setup four wind mills of 1.25 MW each and
 co-generation power plant of 500 KWH in
                Kutch to strengthen our in-house capabilities and
 enhance operational efficiency.
                Increased focus on export business
                Obtained ISO 9001:2000 certification for our
 Gandhidham plant
 2006       Modernization and expansion plan of our Sidhpur plant by
 increasing production capacity
                Achieved a turnover of - Rs. 150000 Lacs
                Purchased an operational 100 TPD refinery in Surat
                Acquired stake to setup our wholly owned subsidiary in
                Expansion of Surat plant from 100 TPD to 400 TPD
                Initiated the setup of our 1500 TPD Soyabean
 processing plant near Gandhidham
                Entered into a MoU with GMDC for a 135 MW Captive
 Power Plant
 2007       Strategic tie-up to use the brand name of Maruti
                Foreign Investor has taken a stake in our Company
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 - Gokul Refoils & Solvent Ltd has appointed Mr. Prakashchandra
 Agrawal as the Chief Financial Officer of the Company.
 -Gokul Refoils bags prestigious Globoil India & SEA Awards 2011
 -Gokul Refoil - Enhancement of capacity from 80 MW to 125 MW (Thermal
 Power Project Plant near Surat)
 -Gokul Refoil - Gokul Refoils' Associate's entity - Gokul Overseas
 named Top Exporter of KASEZ
 -Shri. Mahesh K Agrawal as Group Chief Executive Officer of the
 -Shri Bipinkumar Thakkar appointed as Additional Director and
 Wholetime Director- Legal.
 -Gokul Refoils & Solvent Ltd has informed about change in Email
 address from to
 -Mr. Vijay J. Kalyani has been appointed as a Company Secretary and
 Compliance Officer.