Promoted by Jyoti Prakash Kanoria, Madhu Kanoria and S M Parekh, Unique Organics (UOL) is engaged in the manufacture and export of spice oil, spice oleoresins and spice powder.
The company commenced exports from Dec.'94. Main products of the company are chilli/paprike oleoresin and capsicum powder of different colour values and pungency level. The production facility for the manufacture of spice oleoresins has an installed capacity of 27 tpa. In 1995, the company proposed to undertake an expansion programme, which envisages capacity enhancement for processing 81 tpa of spice oleoresins and an additional capacity of 1260 tpa for spice powder. Its manufacturing facilities are located at Sitapura, Rajasthan. It came out with a public issue in Jan.'95 to part-finance its expansion project. The project was completed in Mar.'96.
UOL is the only company in northern India to receive Spice House Certificate from Spices Board (Government of India), for their processing facilities for spice oils and oleoresins.
In the year July 1999, all assets (entire undertaking) of the company has been taken over by RIICO Ltd., Jaipur.