Kotyark Industries Limited was originally incorporated on December 30, 2016 as 'Kotyark Industries Private Limited' with the Registrar of Companies. Further, the status of the Company got converted into Public Limited and the name was changed from 'Kotyark Industries Private Limited' to 'Kotyark Industries Limited' and a fresh Certificate of Incorporation w.e.f. August 05, 2021 was issued by the Registrar of Companies, Ahmedabad. The Company operate manufacturing of bio fuel plants at Swaroopgunj, in Sirohi District of Rajasthan. It works a well-diversified customer base including Oil Marketing Companies (OMCs) like Indian Oil Corporation Limited, bulk buyers being Transport Contractor, Mining Companies etc.
The Company commenced manufacturing of different variants of biofuels in May, 2019. The Company from its incorporation till May, 2019 was into the business of wholesale trading in BioFuels where the Company Purchase BioFuel from Group Company and other parties and sale to customers of the Company. Later in 2019, Company set up its manufacturing unit at Sirohi District, Rajasthan, by transitioning the business from a pure biodiesel trading Company thus making diversification in products and increasing the business scale.
The Company raised funds of Rs 11.26 Crore by way of IPO and issued 22,08,000 Equity Shares of Rs 10 each in October, 2021.
The Company incorporated KOTYARK AGRO PRIVATE LIMITED as a wholly owned Subsidiary Company on July 7, 2022.
The Compa ...ny commissioned a 4 MT per day Glycerin Processing Plant in January, 2023.
In 2023-24, following the NCLT order dated 12.12.2023, Yamuna Bio Energy Private Limited got amalgamated with the Company, making the Scheme effective on December 26, 2023. Further, Board of Directors of the Company on March 02, 2024, issued and allotted 9,09,216 fully paid-up equity shares of the Company, of face value 10 each, to eligible shareholders of Yamuna Bio Energy Private Limited, in share exchange ratio of 14:100 (i.e. 14 equity shares of the Company against every 100 shares of Yamuna Bio Energy Pvt. Ltd.) as provided in the Scheme of Amalgamation.
Semani Industries Limited, was incorporated on January 30, 2024, as a Wholly Owned Subsidiary Company.
FAQs on Kotyark Industries Ltd
1. Can I buy Kotyark Industries Ltd from PL Capital? ›
Yes, you can invest in Kotyark Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Kotyark Industries 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 Kotyark Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Kotyark Industries Ltd pay dividends? ›
Yes, Kotyark Industries 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 Kotyark Industries 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 Kotyark Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Kotyark Industries Ltd. is ₹ 209.65 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Kotyark Industries Ltd ? ›
The 52-week high and low of Kotyark Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
