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Sita Shree Food Products Ltd. Company History and Annual Growth Details

The Company was originally incorporated as “Sitashree
Food Products Private Limited” on 17/04/1996 under the Companies
Act, 1956 with Registrar of Companies, Madhya Pradesh, Gwalior.
The Company was converted into Public Limited Company and
changed its name to “Sitashree Foods Products Limited” vide fresh
certificate of incorporation dated 14/02/1997 a fresh certificate of
incorporation has been obtained. The name of the Company was
further changed to “Sita Shree Food Products Limited” vide a fresh
certificate of incorporation dated 28/04/2006. The Company was
promoted by Mr. Rajababu Agrawal and his family
The Company started its commercial operations in the year 1998.
The Company was entered into joint venture agreement with Godrej
Pilsburry Ltd. in the year 1997 for manufacturing of Atta
through the Company’s plant. The Company terminated said agreement
in the year 2002 and started manufacturing under its own name & brand.
Presently the Company has its manufacturing facility located at Village
Palda an Industrial Area in the Southern part of Indore. Company’s
manufacturing facility consists of two units, first of Wheat
Flour/ Maida in Unit No. I and the second of Finished Dal of all types
in Unit No. II. The installed and licensed capacity of Unit I is 43200 MT
per annum on Double shift basis. The UNIT II of the Company which
is in the same premises was set up in year 1999-2000. The installed and
licensed capacity of this unit is to process 3500 MT per annum on
double shift basis to produce Dal/ Pulses viz. Tur, Moong, Chana and
Masoor, etc. by the process of fully automatic machines. The
commercial production of the unit started from July 2000. In the very
first year the total turnoverachieved was Rs. 700.00 Lacs.

The Company has done expansion in flour mill during 2003-2004 from
capacity of 36000 m.t. to 43200.

-Company has Recived orders from Reliance Fresh.

-Company has Recived export orders worth Rs 10 crores from Vietnam, Pakistan, UAE, KSA and turkey.

-Dinesh Agrawal, Managing Director of the Company is reappointed as Chairman-cum-Managing Director of the Company.

-Sita Shree Food appointed Mr. Santosh Gupta, as Independent Director of the Company.

-Sita Shree Food Products has appointed Mr. Rajendra Kumar Surana as Chief Executive Officer (CEO) of the Company.

-Sita Shree Food Prod - Start of Commercial Production at Oil Refinery Plant, Lecithin Plant, Acid Oil Plant and Fatty Acid Plant.