मैट्रिक्स
 
 
राज ऑयलमिल्स > कंपनी इतिहास > Edible Oils & Solvent Extraction > कंपनी इतिहास का राज ऑयलमिल्स - बीएसई: 533093, NSE: RAJOIL

राज ऑयलमिल्स

बीएसई: 533093  |  NSE: RAJOIL  |  ISIN: INE294G01018  |  Edible Oils & Solvent Extraction

कंपनी इतिहास - राज ऑयलमिल्स
Raj Oil Mills Limited was incorporated on October 17, 2001 vide
 Registration 
 No. 11 - 133714. Our Company has received Commencement of Business 
 Certificate on November 6, 2001. The Company was formed to undertake
 the 
 business of  buying, selling, manufacturing, processing of edible
 oils, edible oil
 seeds and other related products.
 
 Our Company was promoted by Mr. Shaukat S. Tharadra. It acquired the
 running 
 business of M/s. Raj Oil Mills, partnership firm (exclusive of Land &
 Building and 
 intangible property in the form of Brands, Trademarks and Copyrights)
 vide Deed of 
 Assignment dated April 29, 2002 w. e. f. April 1, 2002 for a
 consideration of Rs. 75 
 lacs. M/s. Raj Oil Mills, partnership firm, founded in the year 1943
 by late Mr. Haji
 Suleman Jamal (father of Mr. Shaukat S. Tharadra). In the year 1966,
 late Mr. Haji 
 Suleman Jamal passed away giving the reins of the business to Mr.
 Shaukat S. 
 Tharadra.
  
 Our Company or M/s. Raj Oil Mills, partnership firm have not carried
 out any 
 valuation from any independent valuer. The mentioned transaction took
 place at a 
 lump sum amount of Rs. 75 lacs as a consideration for assignment of
 the running business 
 M/s. Raj Oil Mills, partnership firm through the mutual consent of
 our Company and 
 M/s. Raj Oil Mills, partnership firm through entering the mentioned
 deed of assignment.
 
 This transaction was carried out as Slump Sale as per the provision
 of section 50B 
 of the Income Tax Act, 1961. Further, as per the provision of
 sub-section (3) of section 
 50B of the Income Tax Act, 1961, M/s. Raj Oil Mills, partnership firm
 furnished the required 
 details of this transaction in the prescribed form (Form No. 3CEA)
 along with necessary 
 documents to Income Tax department.
 
 The value of all those assets and liabilities which were acquired
 during this transaction 
 were valued at their book value and the excess of the value taken
 over as compared to 
 liabilities taken over had been credited to Capital Reserve account
 of our Company. The 
 value of the assets and liabilities has been ascertained in the books
 of our Company.
 
 Through five different Agreements dated December 17, 2007, December
 20, 2007, 
 December 31, 2007, December 26, 2007 and December 13, 2007
 respectively entered 
 into between our Company and M/s. Raj Oil Mills, partnership firm at
 total consideration of 
 Rs. 5,555, our Company acquired all intangible property in the form
 of Brands, Trademarks 
 and Copyrights from M/s. Raj Oil Mills, partnership firm. M/s. Raj
 Oil Mills was owner of 
 Cocoraj, Guinea and Raj brands, which later became the umbrella
 brands of our
 Company.
 
 Chronology of the events of acquisition of M/s Raj Oil Mills,
 Partnership firm is as follows:
 
 DATE PARTICULARS REMARKS
 
 1     18-Feb-1959             M/s Raj Oil Mills, Partnership Firm    
        The partnership firm was engaged in the
                                         was formed and obtained
 Registration      business of dealing in edible oil.
                                         No. B-8203.
 
 2      17-Oct-2001            Raj Oil Mills Limited, the company,    
     The company was formed to undertake
                                         was incorporated vide
 Registration         the business of buying, selling,
                                         No. 11-133714.               
                       manufacturing, processing of edible oils,
                                                                      
                                  edible oil seeds and other related
                                                                      
                                   products. 
 
 3     29-Apr-2002            Raj Oil Mills Limited, the company,     
      Land, Building and Intangible Property
                                       took over the running business
 of             (i.e. Brands, Trademarks and Copyrights)
                                       Partnership Firm--Raj Oil Mills
 vide            were not taken over and this transaction
                                       Deed of Assignment with effect
 from        was in the nature of Slump Sale as per 
                                       1st April, 2002 for a
 consideration of         Section 50B of Income Tax Act, 1961.
                                       Rs. 75,00,000/- (Rupees Seventy
 
                                       Five Lacs only).
 
 4    As per dates            Five Deeds of Assignment of           
 Total Consideration is Rs. 5,555/-
       mentioned               Trademarks & Labels:                   
     (Rupees Five Thousand Five Hundred
      below:                       Assignor: M/s Raj Oil Mills,       
         and Fifty Five only). Break-up is  
                                       Partnership Firm.              
                  mentioned below:
                                      Assignee: Raj Oil Mills
 Limited.
 
 (a)   17-Dec-2007           Agreement 1.                             
       Consideration paid Rs. 1,111/- 
                                                                      
                            (Rupees One Thousand One 
                                                                      
                            Hundred & Eleven only)
 
 (b)   20-Dec-2007          Agreement 2.                              
       Consideration paid Rs. 1,111/- 
                                                                      
                            (Rupees One Thousand One 
                                                                      
                             Hundred & Eleven only)
 
 (c)   31-Dec-2007          Agreement 3.                              
       Consideration paid Rs. 1,111/- 
                                                                      
                            (Rupees One Thousand One 
                                                                      
                             Hundred & Eleven only)
 
 (d)  26-Dec-2007          Agreement 4.                               
      Consideration paid Rs. 1,111/- 
                                                                      
                           (Rupees One Thousand One 
                                                                      
                            Hundred & Eleven only)
 
 (e) 13-Dec-2007           Agreement 5.                               
      Consideration paid Rs. 1,111/- 
                                                                      
                           (Rupees One Thousand One 
                                                                      
                           Hundred & Eleven   only).
 
 5                                   After the divestment of Edible
 Oil
                                      business, Raj Oil Mills,
 partnership
                                      firm, is engaged in the business
 of
                                      builder and developers.
 
 Our Company currently manufacturing Coconut Oil and Coconut Cake and
 also 
 carry out filtering and refining of various edible oils such as
 Groundnut Oil, Mustard 
 Oil, Cottonseed Oil etc.
 
 Year          Events
 
 2001    * Incorporated as a Public Limited Company on October 17,
 2001
             * Obtained Commencement of Business Certificate on
 November 6, 2001
 
 2002    Acquired the running business of M/s. Raj Oil Mills,
 partnership vide Deed of 
               Agreement dated April 29, 2002.
 
 2004    Acquired 16000 sq. mtrs. of land at village Ten, Manor,
 taluka Palghar, district 
              Thane, state Maharashtra
 
 2005    In March 2005, all Plant and Machinery were shifted from
 Andheri (East), Mumbai 
              to the new site at Manor, Thane
 
 2007   * Expanded capacity from 20,000 TPA to 35,000 TPA
            * Introduced a new product under the brand name of
 Cocoraj Cool
 
 2008     Introduced a new product under the brand name of Cocoraj
 Enriche.
 
 2009
 
 - Raj Oil Mills Ltd has informed that Mr. Manavendra Gokhale has been
 appointed as the Chief Executive Officer of the Company, with effect
 from November 02, 2009, by the Board of Directors at its Meeting held
 on October 30, 2009.
 
 - Raj Oil Mills Ltd has appointed Mr. Sunderji Gosar as Additional
 Director of the Company by the Board at its Meeting held on December
 14, 2009.
 
 2012
 
 -Raj Oil Mill Entering Into Distributorship of Palm Oil And Allied
 Products.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `436 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `929 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `1244 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `744 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `137 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `358 Cr की खरीदारी की
  • MS ON WIPRO : Underweight रेटिंग, लक्ष्य घटाकर `230/Sh
  • JEFFERIES ON WIPRO : Underperform रेटिंग, लक्ष्य घटाकर `218/Sh
  • CITI ON ACC : BUY रेटिंग, लक्ष्य घटाकर `2150/Sh
  • CLSA ON ACC : BUY रेटिंग, लक्ष्य `2050/Sh

अभी देखें

आवाज समाचार

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.