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Saptarishi Agro Industries Ltd.

BSE: 519238 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE233P01017
BSE 00:00 | 20 Apr Saptarishi Agro Industries Ltd
NSE 05:30 | 01 Jan Saptarishi Agro Industries Ltd
OPEN 14.20
PREVIOUS CLOSE 14.20
VOLUME 50
52-Week high 14.51
52-Week low 8.36
P/E 88.75
Mkt Cap.(Rs cr) 48
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 14.20
CLOSE 14.20
VOLUME 50
52-Week high 14.51
52-Week low 8.36
P/E 88.75
Mkt Cap.(Rs cr) 48
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Saptarishi Agro Industries Ltd. (SAPTARISHIAGRO) - Company History

Promoted jointly by R K Jajoo and K L Puri along with Tamilnadu Industrial Development Corporation (TIDCO) in Feb.'92 Saptarishi Agro Industries is a 100% EOU producing canned white button mushrooms with a capacity of 3000 tpa. Mushrooms are produced utilising agricultural wastes.The company has financial technical and marketing collaborations with Dalcem Veciap Agro Industries Holland. It also has a 100% buy-back arrangement with the collaborator.In 1993 the company came out with a public issue to part-finance the project to set up the EOU at Madurantakam Tamilnadu. Commercial production commenced in Jun.'94.By 1998 more than 50% of the company's networth was eroded and it came under the purview of the BIFR. Accordingly one time settlement with ICICI was effected by paying back 70% of the principal amount and waiver of all accrued interest along with the balance 30% principal.The company entered into a Operating Agreement with M/s Calibre Rehabs Ltd from January2003 for a period of 12 months.

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