CHAMAN LAL SETIA EXP Share price

The company was incorporated as a Partnership firm in 1983under the name and style as Chaman Lal & Sons. Subsequently thefirm was converted into a public limited company on 21-09-94under Part IX of the Companies Act 1956 registered as ChamanLal Setia Exports Limited with the Registrar of CompaniesPunjab H. P. and Chandigarh at Jalandhar on September 21 1994and obtained its Certificate for Commencement of Business fromthe said Registrar on October 3 1994. The company has beenpromoted by the partners of the above named firm Sh. ChamanLal-Setia Sh. Vijay Setia and Sh. Rajeev Setia. All thepromoters are experienced businessmen and are well versed withthe rice trade.The Company is presently operating rice milling units inAmritsar and in Karnal. Both these locations are in closeproximity to the Rice producing areas of India. The firm hasover the years built a good rapport with the Rice cultivatorsand enjoys a good reputation among them. Both its Shellers areequipped with modern machinery which is proposed to be furtherenhanced. The Karnal Sheller also has a SORTEX machine whichincorporates the state of the art technology for cleaning riceand removing impurities.The present milling capacities of the Amritsar unit and theKamal unit is 2 tonnes per hour each. The machinery in both theplants ensures a smooth and uninterrupted flow of Rice. Thelayout has been so arranged that paddy is input at one end andrice is obtained at the other end With the minimum interference.By-Products like husk Rice Skin etc. are also saleable and aretherefore effectively recovered.