Shri Venkatesh Refineries Share Price

The Company was originally incorporated as Shri Venkatesh Refineries Private Limited (SVRPL) under the Companies Act, 1956 vide Certificate of Incorporation dated February 28, 2003 issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, Company was converted into a Public Limited Company pursuant to a Shareholders Resolution passed at the ExtraOrdinary General meeting of the Company held on December 10, 2020 and name of the Company was changed to Shri Venkatesh Refineries Limited vide a fresh Certificate of Incorporation dated December 30, 2020 issued by the Registrar of Companies, Maharashtra, Mumbai. The growth of Company starts with the idea of three dynamic entrepreneurs, namely Dinesh Ganapati Kabre, Ramesh Ganapati Kabre and Anil Ganpati Kabre who started with the manufacturing marketing of Soyabean Oil and their byproducts in Jalgaon, Maharashtra. Under their leadership and efforts of Promoters namely, Mr. Dinesh Ganapati Kabre, Mr. Anil Ganpati Kabre, Mr. Shantanu Ramesh Kabre Mr. Prasad Dinesh Kabre Rich Soya has emerged as a leading brand, spreading its wings around the country.The Company is one of the growing companies engaged in the refining of edible oil in Maharashtra region selling the edible oil under the brand name Rich Soya. The Company focus on creating Rich Soya a leading brand name among the different edible oil brand by serving good quality and healthy edible oil at affordable price. The Company is primarily engaged in the business of refining and preservation of edible oils mainly soya bean oil and cotton seed oil. The business process involves purchase of the raw oil, then refining, packaging and selling of the edible oil. At present, Company has a refining capacity of almost 36000 tons. Apart from refining of edible oil, Company is engaged in the business of trading of edible oil mainly soyabean oil, cotton seed oil and palm oil as well. The Company has a network of 145 dealers and distributors across India.The Company dedicate immense amount of energy in building long and sustainable relation with customers to understand their market needs while keeping them well informed of the market trends and price at regular intervals. The Company have a wellestablished network spread across Maharashtra catered by its distributors, distributing products through different points of presence. These agents then distribute products to the numerous retailers spread across the state. The Company team maintain continuous vigil on the quality of the products. Since incorporation, the Company have been continuously working on and improving the quality to serve clients better.The location of factory gives the competitive edge over other players in terms of procurement and availability of raw material. The manufacturing facility is equipped with modern machineries, strong infrastructure with a dedicated skilled workforce. At present, Company has set up mechanisms for direct procurement of the raw material from the mills. All the raw material procured by the Company is passed through the quality checks and various quality parameters. The Company undertake all the possible steps to maintain the best quality standards and follow food safety management system. In 2004, the Company started production at its factory site located at Erandol.In 2014, the Company setup Lecithin Plant.In 2018, the Company installed environment friendly, solar power panels of 650 KWH at its factory premises and generated electricity used for captive consumption.In 2019, the Company expanded its installed capacity from 17,310 TPA to 36,000 TPA for refining edible oil.In 2020, the Company started trading of sunflower oil under the brand name, Rich Sun.