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Kothari Fermentation & Biochem Ltd. Company History and Annual Growth Details

YEAR EVENTS
1990

-The company was incorporated on 26th December and was promoted by Motilal Kothari along with Pramod Kothari, Dr. H.C. Bhandari and N. Kothari. The main object of the company is to Manufacture yeast and its derivatives.

-The company undertook to set up a plant for manufacture of 55,200 tpa of yeasts and its derivatives. Land admeasuring 8.75 acres as acquired at village Rajarampur, Dist. Bulandshahr, U.P. Technology was developed indigenously.

1995

-9,99,310 No. of equity shares of Rs. 10 each issued, subscribed and paid up. 43,00,690 No. of equity shares of Rs 10 each were issued at par in October 1992 of which 10,00,690 shares and
10,00,000 shares reserved for allotment on a firm basis to Indian promoters, directors and NRIs on repatration basis respectively. Of the remaining 1,15,000 shares reserved for allotment on a preferential basis to employees. Balance 21,85,000 shares were issued to the public.
Additional 7,95,000 shares were allotted to retain oversubscription.

2007

-Kothari Fermentation has designated E-mail ID for Investor Complaints: [email protected]

2008

-The company has changed the investor E-mail ID: [email protected]

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