1993 - M/s Bommidala Aquamarine Limited was incorporated as a public
limited company on the 25th day of January with an aim to promote an
aquaculture related industrial project. It has identified shrimp culture as
the most progressive and profitable business venture.
- The company is promoted by the Bommidala Family, who are in various
business lines for over four decades.
- Bommidala Aquamarine Ltd., has already completed the first phase of
12.5 hectares of Shrimp farm in Kurru Island, Iskapally Village, Nellore
District, Andhra Pradesh and is planning an integrated project which will
have facilities of an in-house hatchery, farm and processing plant with
its own marketing setup.
1994 - During August, the Company went to the public with an issue of Rs. 467.41
Lakhs (46,74,100 Nos. of Rs. 10/- each) for cash at par.
1996 -The Company has commenced the commercial production during the
year in Hatchery and second phase in Farm.
1997 - The Company is proposing to improve its performance in Hatchery and
Farm by implementing further modifications to it's facilities.
1999 - The company had entered into an agreement with Sri B. Ramakrishna, to
re-appoint him as Managing Director from 10th March.
2000 - Procedure and other matters connected to the dematerialisation of
the company's shares.
- The Company issue of 40,00,000 prefrence shares of Rs. 10 each on
private placement basis to promoters, friends and other associates
companies as per SEBI Guidelines.
- BKV Industries Ltd has appointed Sri. Yadlapalli Srinivasa Rao as Non-executive Independent Director of the Company with effect from April 29, 2010.