एनईपीसी एग्रो फूड्स > कंपनी इतिहास > Food Processing > कंपनी इतिहास का एनईपीसी एग्रो फूड्स - बीएसई: 500452, NSE: NEPCAGRO

एनईपीसी एग्रो फूड्स

बीएसई: 500452  |  NSE: NEPCAGRO  |  ISIN: INE587A01018  |  Food Processing

कंपनी इतिहास - एनईपीसी एग्रो फूड्स
MADRAS FLOUR MILLS is an old partnership firm and has been in
 existence from 1951.  Madras Flour Mills had 12 partners with varying
 stakes in the firm.  The following were the names of the 12 partners
 with their respective stakes in the firm.
 1. Sri Hanumandas Gupta       4%
 2. Sri Prahlad Rai           16%
 3. Sri P C Gupta              6%
 4. Smt.Bhagwati Devi         37%
 5. Sri Satyanarayan Poddar    9%
 6. Sri Puranmal Jain          8%
 7. Sri Ghanshyamdas Jain    6.5%
 8. Sri Sankarlal Jain         3%
 9. Smt.Sakunthala Devi        3%
 10.Sri Anandkumar Jain      3.5%
 11.Smt.Nirmala Gupta          2%
 12.Sri Urmila Gupta           2%
 The Partnership Firm was engaged in the manufacture of Wheat Products
 with an installed capacity of 18000 tonnes per annum catering to the
 Wholesale market at Madras.
 On 1st October 1990, 6 more persons namely Mrs.Sadhana Devi, Anitha
 Devi, Munish Kumar Khemka, Tirupathi Kumar Khemka, Sundeep Kumar
 Khemka and Mrs. Ritu joined as partners thereby increasing the number
 of partners to 18. The original 12 partners retired  on 31.3.1991 due
 to other commitments and business exigencies  and the remaining new 6
 partners decided to run the business on more scientific and profitable
 lines with the wider marketing network.  The 12 old partners had a
 total stake  of Rs.69 lacs.  This amount was paid by the continuing
 partners to the old partners in the above mentioned ratio.
 The production was not upto the mark because of obsolete machinery. 
 The partners were desirious of introducing quality and longer shelf
 life wheat products and increasing market coverage for which the
 plant & machinery was required to be modernized apart from increasing
 the installed capacity so as to make the project a viable and
 profitable one.  As large sums of money was  required to carry out
 this modernisation and  expansion programme NEPC AGRO FOODS LTD was
 taken in as 7th partner in the firm on 1st October, 1991. 
 Subsequently, the 6 partners  retired from the partnership on 8th
 October, 1991 by a  dissolution deed dated 8th October 1991  and the
 entire business continued to be exclusively carried out in the name
 of  NEPC Agro Foods Ltd. At the time  of retirement  of the 6
 partners, the total assets of the firm stood at Rs.112.98 lakhs as
 per the Books of account.  The details of the Book value of the
 tangible assets at the time of dissolution of the firm are given
 LAND                    - 70.60 LACS
 BUILDING                - 21.42 LACS
 PLANT & MACHINERY       - 16.36 LACS
 TOTAL                    112.98 LACS
 As all the partners shared capital and profits  in equal proportion
 the six retiring partners were paid a sum of rupees 96.84 lakhs being
 their share of the total value of assets by the company out of the
 contribution made by the promoters towards share capital in the
 company.  No revaluation of assets was done after the company joined
 the partnership firm.  Similarly no goodwill was paid to the retiring
 partners. The land has been revalued upwards by Rs.30 lakhs prior to
 the company becoming partner.
 The six retiring partners also form part of the promoters of NEPC
 AGRO FOODS LIMITED. They alongwith their other members in the family
 hold all the shares issued the company as stated elsewhere in the
 Apart from this, the company is also setting up facilities for
 manufacture of salt for industrial use and iodised salt for household
 use.  This Project is being set up in the salt deposit area in Nawan,
 Nagpur District at Rajasthan with a capacity to produce 10800 TPA of
 industrial salt and 216000 TPA of iodised salt.
 The company is promoted jointly by Mr. Ravi Prakash, Mr. Madhusudan,
 Mr. Rajkumar, Mr. Tirupathi Kumar and Mr. Munish Kumar alongwith M/s.
 NEPC-MICON LTD. was promoted by Mr. Ravi Prakash, Mr. Madhusudan and
 Mr.Rajkumar. Mr. Ravi Prakash, Mr. Madhusudan and  Mr. Raj Kumar and
 also wholetime Directors of NEPC-MICON LTD. Mr. Tirupathi Kumar and
 Mr.Munish Kumar are having Equity stake in NEPC-MICON LTD. All the
 above mentioned persons belong to the same family.  NEPC-Agro Foods
 Ltd. was decided to be promoted by the above mentioned persons belong
 to the same family. NEPC-Agro Foods Ltd. was decided to be promoted by
 the above mentioned persons alongwith NEPC-MICON LTD. The promoters
 namely, Mr. Ravi Prakash, Mr Madhusudan, Mr. Raj Kumar, Mr. Tirupathi
 Kumar and Mr. Munish Kumar are engaged in diverse business fields
 ranging from  ranging from Heavy structural fabrication to 
 manufacture wind turbine generators for power generators for power
 generation and export of textile items and readymade garments.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `562 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `83 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `2952 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `442 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `2957 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `465 Cr की खरीदारी की
  • UBS ON BHARTI AIRTEL : BUY रेटिंग, लक्ष्य `415/Sh
  • CS ON UNION BANK : Neutral रेटिंग, लक्ष्य घटाकर `56/Sh
  • CS ON VARROC ENGINEERING : Neutral रेटिंग, लक्ष्य घटाकर `490/Sh
  • CS ON BHARTI AIRTEL : Neutral रेटिंग, लक्ष्य बढ़ाकर `380/Sh

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(August 06, 2018)

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