Kriti Industries (India) Ltd.

The  company belongs to the Kasta Group which is engaged  in  the 
 manufacture of rigid PVC pipes and in Solvent Extraction.   Kriti 
 Agro & Plastic Industries Limited was incorporated on 12.3.90  as 
 a Private Limited Company, which has subsequently converted into 
 a  Public  Limited  Company  w.e.f.  10.6.92.   Two  other  group 
 Companies namely Kasta Extrusions Pvt. Limited and Purti Pipes  & 
 Processors Pvt. Limited have been merged with the Company  w.e.f. 
 1.4.1990  as per the scheme of amalgamation approved  by  Hon'ble 
 High Court of M.P. vide its order dated 31st March, 1992.
 
 The  Company  has  two divisions namely  'PLASTIC  DIVISION'  and 
 'SOLVENT  DIVISION'.   The  Plastic Division of  the  Company  is 
 engaged  in  the  production of rigid PVC pipes and  had  set  up 
 manufacturing  facilities in 1986 at Pithampur near  Indore  with 
 an installed capacity of 4320 TPA.
 
 The Solvent Division of the Company is engaged in the  production 
 of  Soyabean/Rapeseed  Oil, De Oiled Cake by  Solvent  Extraction 
 Process.   The  Company has set up a 300 TPD  Solvent  Extraction 
 Plant  at  Dewas,  35 KM from Indore.  The  Plant  has  commenced 
 commercial  Production  on  18th  February  1993.   In  view   of 
 encouraging  working of the unit and business potential  in  this 
 industry,  the  Company has undertaken an expansion  programme  to 
 enhance the capacity to 500 TPD.
 
 Shri  Shiv Singh Mehta, Managing Director of the company  is  the 
 main  promoter.   It is also promoted by Shri  Pravin  Kasliwal & 
 Shri Sajjan Singh Mehta.
 
 Group Companies :
 The Company has two other associate concerns namely Shipra Pipes 
 Pvt.  Ltd.  and Kasta pipes  Pvt. Ltd.  manufacturing  Rigid  PVC 
 Pipes  of diametres  less than 110 mm, an activity  reserved  for 
 the  SSI  segment.  Shipra Pipes Pvt. Ltd.  was  incorporated  on 
 30.12.1986  and  Kasta  Pipes  Pvt.  Ltd.   was  incorporated  on 
 06.04.1989.
 
 
 By way of special resolution on 23rd sept.1995 the company has
 changed its name to  KRITI INDUSTRIES LTD.
 
 2007
 
 - The Company has splits its face value from Rs10/- to Rs1/-.
 
 2013
 -The Company has recommended dividend of Re. 0.15 per share (15%) for
 the year.
 
 2014
 -The Company has recommended dividend of Re. 0.15 per share (15%) for
 the year.
 
 - Mr. Vinod Kumar Mittal has been appointed as Chief Financial
 Officer of the Company.
 
 - Mr. Satish Patel has been appointed as Company Secretary of the
 Company.
  
 2016
 -Kriti Industries commences commercial prod of unit II in MP.
 
 2022
 -Kriti Industries acquisition of 7,88,141 Equity Shares of Rs. 10/-
 each constituting 34.78% of Equity Share Capital into FP Elite Energy
 Private Limited.