Prabhhans Industries Ltd Company Summary

Prabhhans Industries Limited was initially established as Sea Gold Infrastructure Limited on October 5, 1993 with the Registrar of Companies, Andhra Pradesh to promote, establish, improve, develop, administer, own and run aqua cultural ponds for culturing all types of shell fish, fin fish, sea water foods and other crustacean. Thereafter, name of the Company was changed from Sea Gold Aqua Farms Limited to Sea Gold Infrastructure Limited on 31st October, 2012 and later, the name was changed to Prabhhans Industries Limited in 2022.The Company is presently promoted by Parminder Kaur and P Sanath Kumar. The shrimp farm is located at Korlam Village in Andhra Pradesh.

The company has a technical collaboration for hatchery with Samurai Techno Trading Pvt Ltd of Kings Group and also a 100% buy-back arrangement with King Fisheries, one of the co-promoters.The company went to public in Mar.95 with a public issue of 30 lacs equity shares of Rs 10 each for cash at par aggregating to Rs 300 lacs.During the year 2010-11, the Board of Directors implemented the Scheme of Arrangement between the Company and its members from the Honble High Court of Andhra Pradesh, which became effective from August 27th 2011. Pursuant to Scheme of Arrangement, the Company allotted 37,50,000 Equity Shares of Rs.10/- each aggregating to Rs.3,75,00,000/- to New Promoters and Associates on Preferential Basis. Company initiated Listing of the 50,00,000 allotted equity shares pursuant to the Scheme of Arrangement by the Honble High Court of Andhra Pradesh on the Bombay Stock Exchange.

The Company has changed the main objects from Aqua Culture and other allied activities to Infrastructure Activities on 05th October, 2024.