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Neha International Ltd. Company History and Annual Growth Details

The Company was originally incorporated as "Campasino
International Limited" on the 12th July, 1993 as a Public
Limited Company and subsequently changed its name as "Neha
International Limited". The company has obtained the Certificate
for Commencement of Business on 12th August, 1993. The main
objective of the company is to set-up a Floriculture project
for growing cutflowers, mostly Roses, for export.

For the VIII plan period, the Government of India has identified
floriculture as one of the thrust areas for increasing Foreign
Exchange earnings. India has several advantages such as moderate
climatic conditions, abundant sunshine, suitable soils, low cost
of skilled and unskilled labour which make the growing of
flowers possible round the year and at a low cost. This apart
India is strategically located as it is close to major
consumption centres - Japan, M. East, Far East and Europe. There
is also a vast potential in the domestic market which can absorb
the non-exportable grade of flowers. This encouraged the
promoters of Neha International Limited to put up a
Floriculture project on commercial lines exclusively for
exports. The promoters visited Holland in October 1993 to Study
the global scenario on Floriculture products and formed the
Company for this purpose. The company acquired land measuring
28.325 acres at Wadgaon Maval near Pune. The Company approached
Canara Bank and State Bank of Hyderabad in January 1994 for a
term loan and National Horticulture Board for a soft loan and
has obtained the necessary sanctions. The Company has also
obtained the various approvals and clearances. The project is
being implemented as per schedule.

MAIN OBJECTS OF THE COMPANY:

1. To sell, import, export, improve, prepare, manufacture,
produce, grow and market and to carry on the business of
canners, preserves, growers and dealers in fruits, vegetables,
mushrooms, flowers, drinks, fluids, and such other fresh and
preservable food products of all types and trade in jams,
jellies, pickles, cider, chutney, marinades, vinegars,
ketchups, juices, squashes, syrups, meat powder(edible), drinks,
beverages, gellatines, essence, meat, sausages, pork pies,
prawn, potted meats, fable delicacies and such other eatables of
all types.

2. To carry on the business of farming, horticulture,
floriculture, sericulture, dairies, cultivators of all kinds of
food grains, seeds, fruits, properties of orchards and traders,
exporters and sellers of and dealers in products of farming,
dairy, horticulture, floriculture, sericulture, and
pisciculture, and fishing and manufacturers of drink, alcoholic
or otherwise including beverages produced from such products
or otherwise.

3. To carry on the business cultivators, growers, manufacturers,
millers, grinders, rollers, processors, cold storers, canners,
preservers, and dealers of food grains and other agricultural,
dairy, horticulture and poultry products, fruits, vegetables,
herbes, medicines, flowers, drinks, fluids, gas and fresh and
preservable products.

4. To manufacture, process, preserve, prepare, can, refine,
bottle buy, sell and deal whether as wholesalers or retailers or
as exporters or importers or as principals or agents, in foods,
meats, eggs, poultry, vegetables, canned and tinned and
processed foods, protein, health and instant foods of all kinds
including baby and dietetic foods, cereals, beverages, cordials,
tonics, restoratives and aerated mineral waters and food
stuffs and consumable provisions of every description for human
or animal consumption.

1993

-Incorporation of Neha International Ltd.

1995

-The Company started Commercial Operations in Ethiopia

-The Company got Listed on the BSE.

2001

-The Registered office of the company has been shifted as under :

H.No.B-38, Indian Airlines Employees Colony,
Begumpet, Secunderabad - 500 003.
Ph. : 040 - 621 6400, Fax : 040 - 789 0900.

2004

-The Company started Commercial Operations in Ethiopia.

2007

-Significant expansion of company's operations in Ethiopia.

2008

-Integration of Ethiopian Operations by acquiring Globe Agro Holdings.

2010

-The Company has acquired 10,000 acres of land in Ethiopia through its wholly owned subsidiary. This is part of diversification into agriculture.

-The Company appointed Sri. G. Vinod Reddy as Chairman & Managing Director of the company.

2012

-The Company Incorporated a Subsidiary Company outside India.

2014

-Mr. G. Vinod Reddy has been appointed as a Chairman and Managing Director of the Company.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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