Croissance Ltd Summary
Croissance Limited was initially incorporated as Memory Polymers Limited on April 7, 1994. The name was changed from Memory Polymers Limited to Swagruha Infrastructure Limited on February 28, 2007 and thereafter to Croissance Limited on April 7, 2022. The Company is presently promoted by Sravan Veledandiprabhakar and Reshma Narain and is engaged in Realty operating services.The company set up its unit in the Ranga Reddy district of Andhra Pradesh, to manufacture 2000 ltr pa of enbucrilate tissue adhesive, a sterile tissue adhesive for surgical wound closure.
It came out with a public issue in Mar.96 to part-finance the project.In 2000, the laboratory and pilot plant set up at Hyderabad was made operational and the Company took up commercial operation. Company became a larger ethanol producer in India with installed capacity of up to 1000 KLPD. It command a market share in ethanol production and pioneered in advancing the countrys green clean fuel ambitions.
The Company formed a subsidiary Delicieux Restaurants Private Limited on 10 March, 2021.A change has been altered in the Object Clause of the Memorandum of Association of the Company to undertake, carry on the business in the field of growing, harvesting, buying and selling of various agricultural crops including sugarcane, paddy, Broken wheat and rice, maize,corn, millets, cotton crops, fruits, vegetables, flowers, and set up processing plants such as Grain Dryers, Storage Silos, De-husking units, Rice Mills, Flour mills, Pulp extraction units, Juice factories, Solvent extraction units etc. for the various agricultural crops & natural commodities during the FY 2025-26.