Neelkanth Share Price

Incorporated on 1 May 80, Neelkanth Limited (Formerly known R T Exports Limited) was promoted by Bhimjyani family. On 18th December, 1992, the Company became Neelkanth Limited. The Company is engaged in the business of export and trading of agriproducts, especially Basmati Rice. The business is headed by Mr. Rashmi C. Bhimjyani, who is to the business since 1980.The Company set up a ricemilling plant at Bundi in Kota, Rajasthan. This region produces one of the finest qualities of basmati rice. RTEL already exports Bundi rice under the White Pearl brand. The R. T. group includes R T Agro which also exports of basmati rice. The Group has interests in finance and construction.The companys plant (cap. : 4800 tpd) at Bundi became operational in Feb.95. The plant at Kundli, set up with sophisticated stateoftheart Japanese machinery and technology in Sep.95, will give RTEL the strength to penetrate the qualityconscious US market.On account of installation of a New Boiler at the Kundli mill parboiling capacity has been increased significantly. The company has been awarded the ISO 9002 Certificate from SGS Ltd. at its Kundli plant in the State of Haryana.During 19992000, the company has tiedup with National Dairy Development Board (NDDB) to market SAFAL brand for Basmati and NonBasmati rice. The company is marketing its Mallika brand which has entered into the supermarkets in USA. The companys major break through in the last 2 years in terms of Basmati rice is developing their own brand name Mallika which has been supplied to various USA consumer stores.DeMerger of its Warehousing Division was considered by the Board at its meeting held on 14th August, 2012. Resulting, the Company demerged its business activities of trading export of rice and warehousing of Agri commodities. Pursuant to Scheme of DeMerger, the undertaking was transferred to Asian Warehousing Limited during the year 201718.