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Tinna Oils & Chemicals Ltd.

BSE: 519256 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Tinna Oils & Chemicals Ltd
NSE 05:30 | 01 Jan Tinna Oils & Chemicals Ltd

Tinna Oils & Chemicals Ltd. (TINNAOILSCH) - Company History

Incorporated as Pratham Oils & Chemicals Pvt Ltd in Oct.'91 Tinna Oils & Chemicals (TOCL) was converted into a public limited company in Sep.'92. The company was promoted by Bhupinder Kumar and Dilip Kumar. The other group companies are Tinna Overseas Tinna Enterprises Gautam Footwear Tinna Shipping & Warehousing etc.In Sep.'93 the company came out with a par issue aggregating Rs 3 cr to part-finance a Rs 13.6-cr project of setting up an integrated oil complex at MIDC Latur consisting of an extruder an expander a solvent extraction plant and an oil refinery. Its products are refined oil raw oil and de-oiled cakes.TOCL manufactures sunflower oil and markets it under the brand names Sunfit and Soyafit. The company is diversifying into mechanised cargo handling facility at Vishakapatnam at a project cost of Rs 4.6 cr. With the implementation of this project the average loading rate will increase to 4000 tpd. In 1996-97 it earned foreign exchange worth Rs 4.76 crores.