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S & S Industries & Enterprises Ltd.

BSE: 523554 Sector: Industrials
BSE 05:30 | 01 Jan S & S Industries & Enterprises Ltd
NSE 05:30 | 01 Jan S & S Industries & Enterprises Ltd

S & S Industries & Enterprises Ltd. (S&SIND) - Company History

Incorporated on 12 Oct.'90 at Madras, S & S Industries was promoted by A R Rajagopalan and his son Santhanakrishnan. The company is a multi-product, multi-divisional organisation; its major divisions are the aquatech division dealing with shrimp farms and hatcheries; the projects and consultancy services division for setting up shrimp farms and hatcheries; the agrotech division dealing in edible oil refinery and agricultural services; the envirotech division dealing in bio-technology and water-related consumables; and the merchant exports division exporting agro-based products. The company has a technical collaboration with Hanaqua International Corporation, Taiwan, for shrimp farming; and with Systemsaquaculture Management (Sami), Philippines, for hatcheries. In Oct.'94, it came out with a rights issue to part-finance its expansion-cum-diversification. The products of the company -- frozen shrimps, shrimp seeds, mineral water, edible oil, finished leather -- are marketed directly by it as well as exported. The company proposes to extend the concept of automatic vending to mineral water also by launching Water Vendee, the state-of-the-art water purification system. It has successfully commissioned 200 tpd Seed Processing-cum-Solvent Extraction Plant with effect from 1st March'96. It has been allotted a command area of 25000 Ha from the governments of Karnataka and Andhra Pradesh to cultivate oil palm, for which plantation activities are progressing well. The project is expected to be implemented by early 1999.