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History of Rico Agroils Ltd.

RICO AGROIL'S LIMITED [hereinafter referred to as RALs] is a new company, incorporated on 15th February, 1991 & obtained the Certificate of Commencement of business on 12th March, 1991.

The immediate object of Comp. is to set up a Solvent Extraction Plant to process 300 TPD Soyabean or 400 TPD of Rapeseed Oil Cake at village Chattarpura, District Bundi, Rajasthan. The licensed capacity of plant would be 90,000 tonnes per annum.

The Comp. has been promoted by Rico Auto Industries limited [RAILs], Shri Arun Kapur & Shri Rakesh Kapur.

Rico Auto Industries limited [RAILs] was promoted by Shri Arvind Kapur & Shri Arun Kapur in the year 1983 for manufacture of Auto parts. It manufactures a wide range of Automobile Components like Wheel Hubs, Braking Systems, Clutches, Oil Pumps, Generator Frames & Housings etc. at its plant at Dharuhera [Haryanas] & is an O.E. Supplier of Hero Honda Motors Ltd.,Maruti Udyog Ltd., Shriram Honda Power Equipments Ltd.,etc.

The Comp. is managed by a Board of Directors comprising of eminent industrialists & professionals having extensive experience in technical, financial & commercial fields. The day to day affairs will be looked after by Shri Rakesh Kapur, Managing Director of Comp. who will be assisted by a team of qualified professionals.