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Riddhi Siddhi Gluco Biols Ltd. Company History and Annual Growth Details

The Company was incorporated as a Private Limied Company on 2nd July, 1990 under the Companies Act, 1956 under the name of Riddhi Siddhi Chemicals Private Limited. Subsequently it was converted into a Public Limited Company on 10th February, 1992 and a fresh certificate of incorporation was issued on 4th March, 1992 in the name of Riddhi Siddhi Chemicals Ltd. The name of the company was changed to Riddhi Siddhi Starch and Chemicals Limited on 10th April, 1992.

2006

-Riddhi Siddhi establishes plant in Karnataka.

2007

- Riddhi Siddhi Gluco Biols Ltd has increased the maize grinding capacity of its Viramgam Unit from 100 tonnes per day to 250 tonnes per day.

2008

- Riddhi Siddhi Board recommends dividend @ 30%

2009

- Riddhi Siddhi Board recommends Dividend @ 20%

2010

- Riddhi Siddhi Gluco Biols Ltd - Gogak Unit started operations and hopes to achieve normal production..

2011

- Riddhi Siddhi Gluco Biols Ltd recommended dividend of Rs. 12.50 per equity share of face value of Rs. 10 each, which is subject to approval by shareholders of the Company.

2012

-Riddhi Siddhi Gluco Biols Ltd recommended dividend of Rs. 25 per equity shares of face value of Rs. 10 each, subject to approval by shareholders of the Company.

2013

- Riddhi Siddhi Gluco has recommended dividend of Rs. 10 per equity share of face value of Rs. 10 each

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