Genera Agri Corp Ltd. Company History and Annual Growth Details

The company was originally incorporated on October 28, 1992 as 'Anand Lakshmi Finance Pvt. Ltd.' in the state of Andhra Pradesh. The status of Out Company was changed to a public limited company by a special resolution of the members passed at the EGM held on February 27, 1994. The fresh Certificate of Incorporation consequent to change of status from Private to Public was obtained on April 18, 1994 from the Registrar of Companies, Andhra Pradesh. The name of the Company was later changed to 'Genera Industries Limited' with effect from August 11, 2005 and again changed to 'Genera Agri Corp Ltd.' w.e.f April 29, 2011.

We are Horticulture Company having base in southern part of India. Our Company was originally promoted by Late Mr.D.V.S. Anand and Mrs. D.V.S. Lakshmi in the year 1992 with the name and style M/s. Anand Lakshmi Finance Private Limited to carry on business as Non-Banking Finance Company (NBFC). In June 2005, our Company surrendered its NBFC license and changed its name to Genera Industries Ltd. In August 2005 (subsequently changed to "Genera Agri Corp Ltd."in April 2011), In October 2005, our present promoters Mr.M Rajesh Naidu & Mrs.M Kalpana Raj increased their shareholding from 4.99% to 54.99% by aquiring 50.00% of the total paid up equity share capital of "Genera Industries Limited" from erstwhile promoters, namely, Mr.D.N.Ravi Kumar, Mrs.DVS Lakshmi & Public through an open offer. Post acquisition, our Company diversified into Bio Fuels to meet the Global Demand of Jatropha Cultivation and gradually transformed into Horticulture business by cultivating fruits and vegetables. Our promoter and managing director, Mr. M Rajesh Naidu hails from Agriculture family and has more than a decade experience in the field of agriculture.

2016
-Genera Agri Corp Ltd has informed that the Registered office has been Shifted from
H.No. 8-2-293, Block III, Road No. 82, Plot No. 382, Film Nagar, Jublee Hills, Hyderabad 500033 to Flat No. 302, 3rd Floor, Metropole Apartment, Plot No. 5&6 Silicon Valley, Madhapur, Hyderabad 500081.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article