Kavit Industries Share Price

CMP as on22-Oct-20 15:55

₹ 141.25
3.25 2.36%

Open

₹ 143.90

Turnover (lac)

₹ 50

Prev. Close

₹ 138.00

Day's Vol (shares)

₹ 4,67,767

Day's Range

₹ 136.00
₹ 143.90

Kavit Industries Ltd was originally incorporated with the name Jal Hi Power Petrochem Ltd, a public limited company on 11th November 1990. The company is a listed entity, mainly engaged in manufacturing and production of edible oil, agricultural products and trading of chemicals. It was later on changed to Atreya Petrochem Limited on 21 September 2000. The company was established to manufacture petrochemical downstream products such as specialty oils, petroleum sulphonates, solvents, etc. for industrial applications such as rubber, leather, ink and paint industries. It has an up to date processing plant situated at Tundav Village in Gujarat on an eight- acre plot. Moroever, its plant is classified as Mini-Refinery to process crude oil and hydrocarbons to various end products. The Company produces many products like ERL 15W40 (API-CF4), APL20W40 (API-CF), ECY 4T OIL (API-SL), ECY 2T (API-TC), ERL GEAR EP90 (GL-4), ERL GEAR EP140 (GL-4), and many others which can be used for equipment s like Auto, Car LMV, Trucks, Buses, Excavators, Tippers & Dozers Fitted with Tata, Ashok layland, Iveco, Hino engines as well as two wheeler, three wheeler, LMV, Commercial vehicles, Tractors, MUV such as Safari, Scorpio, Sumo etc. & heavy-duty commercial vehicles.During the year 2016, the Company has subsidiary Company, namely, Kavit Green Energy Private Limited.During the financial year 2016, the Company again changed its name to Kavit Industries Limited with the compliance of applicable provisions of Companies Act and SEBI Act.The Board in its meeting held on 07 February 2017 had in-principally approved to raise funds aggregating up to Rs. 25 Crores through issue of Equity shares or convertible equity warrants on preferential basis to promoter or non-promoters as per provisions of SEBI (ICDR) Regulations, 2009. However, the implementation of said proposal is currently stayed due to overall business conditions and fund raising exercise may be revived at an appropriate time in future.During the year 2017, the Company had 5 subsidiary Companies, namely, Kavit Infoline Private Ltd, Kavit Swachh Organic Food Private Ltd, Kavit Edible Oil Ltd, Kavit Infra Project Private Ltd and Kavit Green Energy Private Ltd.During the year 2019, the Company had 5 subsidiary Companies, namely, Kavit Infoline Private Ltd, Kavit Swachh Organic Food Private Ltd, Kavit Foods Private Ltd, Kavit Edible Oil Ltd and Kavit Infra Project Private Ltd.

  • Chairman & Managing Director

    Jayesh R Thakkar
  • Independent Director

    Salil Patel
  • Independent Director

    Kartik Mistry
  • Independent Director

    Chandresh Kumar Vishnubhai Kahar
  • Independent Director

    Hasmukhbhai Thakkar
  • Independent Director

    Naresh Arvindbhai Patel
  • Additional Director

    Payal Gajjar
  • Company Secretary

    Mikhil Nitinohai Gohil

Registered Office

Village - Tundao,
Tal Savli,Vadodara,
Gujarat-391775

REGISTRAR OFFICE

B-102&103 Shangrila,
Akota,Vadodara - 390 020
INDIA