Sakuma Exports Share price

HISTORY AND PRESENT BUSINESSSakuma Exports started its operations as a partnership firm in fag end of calendar year 1999 with the main object of trading and export of commodities and merchandise domestically and in the international market. The firm was converted under Part IX of the Companies Act 1956 as a public Limited Company on August 31 2005 and obtained certificate of commencement ofbusiness dated September 05 2005 from Registrar of Companies Mumbai.It started its operations with export of one commodity to one client in one country in the first year of operations. Soon SEL multiplied export-mix client and the destinations with its professional competence hard work and unrelenting efforts. During the first complete financial year 2000-2001 Company achieved turnover of Rs. 300 lacs.Today Company has an export mix of twenty five commodities with a client base of over 75 in countries across five continents.It has a reliable supply chain with more than 400 suppliers spread over different parts of the country and developed adequate and competitive logistic facility across the country. It is exporting from a number of sea ports along the entire coastline of India like Mundra Kandla JNPT Nhava Shiva Mumbai Chennai Kakinada Vizag apart from the dry ports. This gives it competitive advantage by cutting transport and freight cost.SEL has been continuously studying and analyzing international markets and domestic production trends to keep pace with changing demand and trends in the domestic and international trade market.Milestones Achieved by the CompanyYear Milestone Dec 1998 Sakuma Exports was established as a Partnership firm.Jan 2001 Agriculture and Processed Food Products Export Development Authority (Ministry of Commerce Government of India) recognized the company as a Merchant Exporter2000-01 Sakuma Exports turnover of over Rs. 300 Lacs with first complete financial year May 2002 Conferred Certificate of Recognition as an `Export House'Oct 2003 Federation of Indian Export Organisations granted registration cum membership certificate2003-04 Turnover crossed Rs. 7500 Lacs2004-05 Turnover crossed Rs. 15.000 LacsAug 2005 Converted into a Public Limited Company under part IX of the Companies Act 1956