YEAR EVENTS 1988 - The Company was Incorporated as a Private Limited Company on 20th January. The company's objects is Processers of wheat to maida, atta and sooji. 1994 - It was converted into a public limited company on 13th April. It was promoted by B. Shantilal, Kamala Bai, B.S. Vinod Kumar and S. Pramod Kumar. 1995 - The Company undertook to double its production capacity to 60,000 tpa plant and Machinery were imported from M/s. Polimex -Cekop of Pland and other machinery were procured indigenously. - The Company entered into a technical arrangement with Narpinder Kumar Gupta New Delhi, for technical drawings, selection of imported machinery, etc. - 7,20,000 No. of equity shares issued to promoters, directors etc. 22,80,000 No. of equity shares of Rs.10 each were then issued through a prospectus during May 1995 as follows: - (1) On firm allotment basis: - (i) 7,80,000 shares to Indian promoters at a premium of Rs.8 per share; - (ii) 3,60,000 shares at a premium of Rs.15 per share to NRIs/OCBs - (iii) 1,50,000 shares at a premium of Rs.15 per share to banks. Of the remaining 13,400 shares reserved for allotment on a preferential basis to employees. (Only 12,800 shares taken up). Balance 9,76,600 shares along with 600 shares not taken up by employees issued to the public. 2013 -The company recommended dividend of Rs. 0.50/- (5%) per fully paid up equity shares of Rs.10/- each. 2014 -The company recommended dividend of Re. 0.50/- (5%) per fully paid up Equity Shares of Rs. 10/- each. 2018 -The Company has commenced commercial production on the expanded capacity.