CIAN Agro Industries & Infrastructure Ltd Share Price

History of CIAN Agro Industries & Infrastructure Ltd

Cian Agro Industries & Infrastructure Limited was formerly incorporated as 'Umred Agro Complex Limited' on September 13, 1985. The name of the Company was changed from Umred Agro Complex Limited to Cian Agro Industries & Infrastructure Limited with effect from 8 December, 2015. The Company is engaged in Agriculture, Healthcare and Infrastructure Division. The Company's initial project was completed in 1990 with installed capacity of Solvent Extraction Plant of 100 TPD and of Vegetable Oil Refinery of 25 TPD. Within 18 months of completion of initial project. Company completed expansion of its plant by increasing processing capacity of SEP from 100 TPD to 200 TPD and of VOR from 25 TPD. The total cost was Rs.221 lacs and was financed to the tune of Rs.133 lacs by way of Term Loans and b ...alance by the equity contribution and internal cash accruals. Company manufactures and markets refined Soyabean oil 'Amrutdhara' and refined Kardi (Safflower) oil 'Yash' through a well established network of over 50 dealers in Maharashtra and Madhya Pradesh. Company exports De-Oiled Cakes (DOC) to prominent clients in South East Asia & Europe. The company was the first to be granted 'AGMARK' for soyabean oil by Government of India. Due to branded oil sales, the company has higher sales realisations in oil sales. Company has received Udyog Excellence Gold Metal and Award' by 'Industrial Economic Forum'. The Company had kick-started operations in its Vegetable/ Edible Oil Refinery (VOR) in April 2016. It also re-launched the brand of Refined Soybean Oil 'AMRUTDHARA', in consumer packs. Thereafter, it launched CIAN spices in 2017. Its Infra Division acquired Jairam Infraventure Private Limited, a company with specialized business object of manufacturing of aluminium hot rolled sheets and other allied products. It introduced own sanitary products under the brand, 'Klaren' and cosmetic products under the brand, 'OIR' and home care products under 'NEU' brand. The Company acquired 100% shares of M/s Purti Agrotech Limited during the year 2017-18. In 2019-20, the Scheme of Merger by Absorption of Jairam Infraventure Private (WOS) Limited, Purti Agrotech Limited (WOS) and Jupiter Metal Products Private Limited (Step Down Subsidiary) got merged with the Company effective 1 April, 2019. In FY 2020-21, the Company expanded into International Markets by incorporated a wholly-owned subsidiary 'Gian Agro Limited' on August 13, 2020. It further expanded automised its Bio-Detergent Manufacturing facility at Dhapewada in Nagpur District. It expanded its Detergent unit capacity from 5MT per day to 80MT per day. The Company started Alphanso Mango Pulp Manufacturing with Devgad in Sindhudurg District in 2022. Company transferred 59% of its equity shareholding in INBD Express Private Limited to one of its existing shareholder and INBD Express Private Limited ceased to be a subsidiary company effective from July 24, 2023 in FY 2023-24. Further to the expansion of Infrastructure business activity of the Company, CIAN has participated in the Resolution Plan process for acquiring M/s. Swapnil Promoters and Developers Private Limited under the provision of Insolvency & Bankruptcy Code (IBC), 2016 and acquired M/s. Swapnil Promoters and Developers Private Limited in FY 2025.