Adarsh Plant Protect Limited the Company was incorporatedon 18th June 1992 as a Public Limited Company and hasobtained the Certificate of Commencement of Business on18th November 1992. On 20th December 1993 the Companytook over the asset of M/s. Kaival Agro Products aPartnership Firm manufacturing and trading in PlantProtection Equipment for the last nine years under the name`KAIVAL'' at its factory located at Plot No. 119/D GIDCAnand. The products are well accepted in the market.The Company now proposes to take up expansion of itsexisting manufacturing facilities at the Plot No. 1703 &1704 at GIDC Industrial Area Anand where it propose toinstall the additional capacity as mentioned below. Thedetails of the existing capacity and the proposed expansionare as under: (Nos. per annum)-----------------------------------------------------------Products Existing Proposed-----------------------------------------------------------Knapsack Sprayer 1000 100000Knapsack Brass Sprayer 200 20000Knapsack Outer Cylinder 500 50000Foot/Rocker Sprayer 100 10000Assorted Sprayer 200 15000Power Sprayers Nil 5000The key financial indicators and the past working resultsand financial positions of the Company since inception areas under:------------------------------------------------------------Period 1994-95 1993-94 1992-93 (Upto 30.9.94) (Rs.) (Rs.) (Rs.)------------------------------------------------------------ParticularsTurnover 1018908 151645 -- Cost of Goodsconsumed/sold 630238 -- --Mfgr. & Other Exps. 333725 -- --Interest -- -- --Depreciation -- 7121 --Misc Exp. W/off -- 25383 --Operating Profit (Loss) 54945 (2403) --Tax -- -- --Net Profit/(Loss 54945 (2403) --Balance c/f last year (2403) -- --Cash Accrual 52542 30101 --Equity Share Capital 5803610 5803610 500700Share Application Money 2500000 450000 --Reserves & Surplus 52542 -- --------------------------------------------------------------
Name | Position |
---|---|
Mr. Naishadkumar N Patel | Chairman |
Mr. Atish Patel | Managing Director |
Mrs. Jyotikaben N Patel | Non Executive Director |
Mr. Arvind V Shah | Independent Director |
Mr. Vipul H Raval | Independent Director |