Incorporated in Apr.'90 SDF Industries Ltd. formerly known as Superstar Distilleries & Foods Ltd, was formed with an object for Setting up manufacturing operations for extracting 75,00,000 litres of potable alcohol p.a. and also for manufacturing cattlefeed utilising the effluent. It was promoted under the leadership of Balakrishnan and associates. It also converted part of the potable alcohol into various grades of Indian made foreign liquors viz. Whiskey, Brandy, Vodka, Gin, Rum etc. derived from tapioca and corns, coconut, palm trees, cashew etc.
Company already acquired land admeasuring 14.15 acres at Pampady in Thiruvilwamala Panchayat, Trichur Dist., Kerala. Major plant and machinery consisting of liquefaction sacchorification, fermentation and distillation tanks etc. shall be procured indigenously from Praj Industries Ltd. In 1996, the plant was fully erected and commissioned & commercial production started.
In 1997-98, the optionally convertible warrants amounting to Rs. 229 lakhs issued during 1995-96 to promoters to meet escalation in project cost were converted into equity shares after obtaining requisite approvals from the Authorities. In 1998-99, it increased the installed capacity of IMFL to 67,50,000 ltrs (for single shift).
The Company was declared a sick unit by BIFR and State Bank of Tranvancore was appointed the operating agency.