Lakshmi Energy & Foods Ltd

Summary

Lakshmi Energy & Foods Limited (LEAF) was incorporated on 20th July 1990 under the name of Lakshmi Grain Processors Private Limited to bring to the world an Indian flavor of basmati and non-basmati rice, which is today one of the largest food grain processing companies in India and in the world. Also it is a name synonymous with quality foods, which distribute the food grains in the wholesale markets under the brand name of Lakshmi Foods. The products of the company consist of Basmati Rice, Non Basmati Rice, Refined Oils, Cattle Feed and Wheat. Apart from that, also the LEAF produces some by-products (rice bran and De-oiled cake etc). The plant of the company was commenced its commercial production in October of the year 1992. LEAF had gone for backward integration by sets up of oil seed crushing unit of150 TPD in February of the year 1993 at its existing location at Punjab. Status of the company was converted from private limited to public limited in March of the same year 1993 and consequently the name was changed to Lakshmi Grain Processors (India) Ltd. The company became one of the partners in Lakshmi Rice Mills (LRM) in April of the year 1994. In August of the year 1994, again the companys name was changed to Lakshmi Overseas Industries Ltd. The Industrial Development Bank of India sanctioned Rs.10 crore financial assistance to the company during the year 1995-96 for setting up New Rice Plant of 300 TPD, 300 TPD solvent plant with 400 TPD seed Crushing plant involving... Read More