TBI Corn Ltd. Company History and Annual Growth Details

Our Company was originally formed and registered as a Partnership Firm under the Partnership Act, 1932 (“Partnership Act”) in the name and style of “M/s The Best India”, pursuant to a deed of partnership dated 24th February, 2000. Thereafter " M/s The Best India” was converted from Partnership Firm to a Limited Company under Part I (Chapter XXI) of the Companies Act, 2013 in the name of “TBI Corn Limited” and received a certificate of incorporation dated 22nd June, 2022 issued by the Registrar of Companies, Pune. As on date of this Draft Red Herring Prospectus the Corporate Identification Number of our Company is U15400PN2022PLC212368.

MAJOR EVENTS:

1990

Focus on yeast processing

2000

Register the firm under The Partnership Act, 1932 and Transition to manufacturing yeast and yeast powder.

2004

Entry into corn bran and corn powder production.

2005-2010

Expansion into maize and poultry industries.

2011-2012

Diversification into broken maize supply.

2013-2014

Introduction of Maka Poha (Raw Corn Flakes).

2015-2016

Establishment of a fully automated, ISO 22000:2018 compliant food processing unit.

2022

Conversion of Partnership Firm to a Limited Company under Part I (Chapter XXI) of the Companies Act, 2013 in the name of “TBI Corn Limited”.