Prashant India Ltd. Company History and Annual Growth Details

The Company was incorporated on 23rd November, 1983 as a private Ltd Company and converted into a Public Limited Company on 16th September 1985.

The main objects of the Company is dealing in and processing all kinds of oil seeds, oil cakes, vegetable oil and oil bearing materials / substanses by solvent extraction process. Oil extracted and refined is marketed under the brand name "HOLLYWOOD".

The Company entered into an agreement of sale in March, 1984 with Ulhas Oil and Chemical Industries Pvt. Ltd., for the purchase of a running solvent extraction Plant along with the land and factory building at a cost of Rs. 50.50 lakhs payable in instalments without interest. The Possession of the factory was taken on 19th March, 1984. The Company commenced operations at the existing plant in May 1984.

Besides the Agro Division the Company has Textiles Division & Export Division.

Awards

- Highest exporter of Agro based and forest products in the year 1987-88

-Second highest exporter of Rapeseed Extractions from India in the year 1990-91

-Highest exporter of Agro based and forest products in the year 1990-91

-Second highest exporter of Agro based and forest products in the year 1991-92

-Highest exporter of Agro based and forest products in the year 1992-93

-Highest exporter of Rapeseed for the year 1992-93

-Highest exporter of Rapeseeds for the year 1993-94

-Second highest exporter of Sesames seeds for the year 1993-94

-Second highest exporter of rapeseed for the year 1994-95

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