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Chhatar Extraction Ltd.

BSE: 519461 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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Chhatar Extraction Ltd. (CHHATAREXTRACT) - Company History

Incorporated on 30 Jan.'79, Chhatar Extractions went public in 1985. It was promoted by S L Sharda and Madhu Sudan Sharda. The company manufactures refined edible oil, crude oil and solvent extractions. It also manufactures non-edible oil. Refined edible oil is a cooking medium used by households and manufacturers of food products. Crude oil is used as raw material by vanaspati manufacturers and edible oil refineries. Solvent extractions (de-oiled cakes) are used by manufacturers of cattle feed, poultry feed and other feeds. Non-edible oil is a by-product of the refining process and is used by manufacturers of toilet and detergent soaps, paints and varnishes. In Jun.'94, the company came out with a public issue at a premium of Rs 15, to part-finance its expansion / modernisation programme, to set up an additional solvent extraction plant with an installed capacity of 150 tpd and also to add balancing equipment to the company's oil standardisation plant thereby converting it into a complete refinery with an installed capacity of 50 tpd.