Promoted by Prakash L Hinduja, Naresh R Bajaj, Dinesh R Pancholi and Ajay A Ahuja, Shri Sainath Proteins was incorporated as a private limited company in May '90 and was converted into a public limited company in Oct.'92. The company is engaged in the refining of vegetable oils like cotton seed, rape seed oil and filteration of groundnut oil having an installed capacity of 15,000 tpa. The company commenced commercial production in May '91. In 1995-96, the company undertook an expansion as well as backward integration and modernisation programme. It proposed to expand the refining capacity from 50 tpd to 100 tpd alongwith setting up of an oil mill under its backward integration programme. It also proposed to modernise its machinery and processes.