A member company of the Jayant Oil Mills Group, Jayant Agro Organics Ltd (JAOL), incorporated in May, 1992 was promoted by V G Udeshi, B M Kapadia and H V Udeshi. The Company is mainly engaged in manufacturing and trading of Castor Oil and its derivatives such as oleo chemicals. The product finds application in paints, varnishes, print inks, lubricants, etc.
The Company set up a project to refine and hydrogenate castor oil, part-financed by a Public Issue in May '93. On commencement of its Refining Unit on 8 Jul.'93 and the commissioning of its hydrogenation facilities on 29 Sep.'93, it acquired the status of a 100% EoU.
In Jul.'94, JAOL commissioned an expansion programme to double the capacity of hydrogenated castor oil from 20 tonne per day to 40 tonne per day. During 1997-98, it completed its erection of Effluent Treatment -cum Recovery Plant.
The Company's performance during the year 2000-2001 was excellent and the company continues to focus on development of the market for its value added products.
The company has expanded the installed capacity of Hydroxy Stearic Acid & Castor Oil during the financial year 2002-03 by 3096 MT & 11800 MT respectively. With this expansion,the total capacity of H S Acid and Castor Oil have been increased to 15576 MT & 43000 MT respectively.
The company has set up a separate division to undertake import and export of commodities and mercandise manufactured by others,which has commenced its activities during January 2005.
T ...hrough backward integration, the Company put up manufacturing facilities by crushing of castor seeds through its 100% subsidiary, Ihsedu Agrochem Pvt. Ltd. and resulting to this, the commercial production was started from January, 2004. The Company's expansion came in a year while, Ihsedu Agrochem Pvt.Ltd., the Company's 100% subsidiary increased the crushing capacity from 300 MT per day to 400 MT per day resulting an increase in production capacity during the year 2006.'
The Company during year 2007 invested 96% stake in the Share Capital of M/s Ihsedu Speciality Chemicals Pvt. Ltd. and it became a subsidiary Company effective from 16 February, 2007. Similarly during 2009-10, the Company invested 100% in the Share Capital of M/s.Ihsedu Coreagri Services Pvt. Ltd. and said Company was made wholly owned Subsidiary Company with effect from August 18, 2009.
Jayant Finvest Limited, a part of Promoter Group, held 5,628,519 fully paid up equity shares as on March 31, 2011 (aggregating to 37.52% of the paid-up share capital) of the Company and it acquired additional 1,922,871 fully paid up equity shares of the Company during the financial year ended March 31, 2012. Consequent to such acquisition, its aggregate shareholding in the Company increased to 7,551,390 fully paid up equity shares i.e. 50.34% of the paid-up share capital of the Company and thus Jayant Finvest Limited became the Holding Company of the Company w.e.f. March 28, 2012.
The Company installed Wind Turbines of 2.4 MW and 0.8 MW in Jayant Agro-Organics Ltd and Ihsedu Agrochem Pvt. Ltd. respectively during the year 2014-15.
In FY 2024-25, Jayant Finvest Limited got merged with the Company with effect from April 1, 2021 and the Scheme of Amalgamation became effective from September 27, 2024. Pursuant to the Scheme, 1,81,64,000 fully paid up equity shares of Rs 5 each were allotted to the equity shareholders of Jayant Finvest Limited on November 29, 2024.
FAQs on Jayant Agro Organics Ltd
1. Can I buy Jayant Agro Organics Ltd from PL Capital? ›
Yes, you can invest in Jayant Agro Organics Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Jayant Agro Organics Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Jayant Agro Organics Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Jayant Agro Organics Ltd pay dividends? ›
Yes, Jayant Agro Organics Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Jayant Agro Organics Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Jayant Agro Organics Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Jayant Agro Organics Ltd. is ₹ 175.99 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Jayant Agro Organics Ltd ? ›
The 52-week high and low of Jayant Agro Organics Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
