|Sowbhagya Exports Limited was incorporated under the Companies Act, 1956 on 23rd November, 1994 as a Limited Company with the Registrar of Companies, Hyderabad, Andhra Pradesh. The Company has obtained the certificate of commencement of business on 2.12.94. The Registered office Of the Company is situated at 5/610, Usmansahebpet,Nellore-524001 Andhra Pradesh.
The Company is promoted by Shri D.Surendranath Reddy and his associates for setting up an aqua culture project at a cost of Rs.522 lakhs. The company is setting up a farm in 105.01 acres of water spread area for shrimp farming. The company has already completed the farm work. The first crop was completed by December 1995.
The company since its incorporation in 23.11.1994 has already completed major works and the first crop is expected by December 1995.
The Company does not have any subsidiary Company.
The company is setting up an shrimp aqua culture project consisting of 105.01 acre farm in Nellore District of Andhra Pradesh. The company has already completed the farm work. The first crop is expected by December 1995.
The lands purchased by the company are not agricultural land and there are no salt farms. The same has been certified by the Mandal Revenue Office by its letter dated 12.06.1995. Hence the company will not have any problem in implementing the project.
- Company name has been changed from Sowbhagya Exports Ltd to Sowbhagya Media Ltd.