Home  »  Company  »  Poona Dal & Oil Industries Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

Poona Dal & Oil Industries Ltd. Company History and Annual Growth Details

Suryaoday Agro Industries Ltd. (SAL) was incorporated as a public limited company on 1st Jan, 1993 in the state of Maharashtra under the companies act, 1956. Certificate of commencement of business was obtained on 5-2-1993 from Registrar of companies, Maharashtra.

SAL is establishing a solvent extraction plant and an edible oil refinery plant with installed capacity of 200 TPD of oil cake and 25 TPD
of vegetable oil respectively. The unit is located at Chakan near Pune.

The promoters are from three groups:
1) Mr. I K Goyal and his relatives
2) Mr. S P Gulati and his relatives
3) Mr. Jayant Kaneria

The main promoters of the company together bring alongwith them vast experience in oil trade industry and management. Their established relations within the edible oil industry together with their experience
in marketing the end product amongst a vast network of dealers should
place the company in a comfortable position in marketing its product.


- The Board of directors has allotted 26,00,000 No. of Equity shares of Rs 10 each to the shareholders of the company.


-Company has recommended dividend @ 9%.


-Company has Created email id for grievance redressal division / compliance officer


-Board has recommended final dividend @ 9% on the paid up equity share capital.


-Board has recommended final dividend @ 9% on the paid up equity share capital.


-Board has recommended a final dividend @9% on equity shares for the year 2012.


-Board has recommend a dividenf of Rs.0.90per share.


-Mr. Rakesh Singh has been appointed as a Additional Director of the company.