Promoted by Devinder Makan, Makan Agro Oils (MAO) was incorporated as a public limited company. It came out with its first public issue in Feb.'93 to set up facilities to process 300 tpd of soyabean, 400 tpd of rapeseed cake, 150 tpd of mustard seed by the solvent-extraction process and also a 50-tpd vegetable oil refinery. Commercial production started in Mar.'94.In 1994-95, it bagged an export order worth Rs 45 cr, to export de-oiled soyabean cakes to Russia and Indonesia. The company has also drawn up plans to set up a sugar mill in Uttar Pradesh and an EOU in Gujarat for dyestuffs.