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વડાલા કમોડીટીઝ > કંપનીનો ઈતિહાસ > Trading > કંપનીનો ઈતિહાસ ના વડાલા કમોડીટીઝ - બીએસઈ: 519035, ઍનઍસઈ : GFL

વડાલા કમોડીટીઝ

બીએસઈ: 519035  |  ઍનઍસઈ : GFL  |  ISIN: INE868A01020  |  Trading

કંપનીનો ઈતિહાસ - વડાલા કમોડીટીઝ
YEAR                       EVENTS
 1984 - The Company was incorporated as a private limited Co. on 9th 
        March, 1984.  The Co. was formerly known as Noble Soya House
 Ltd.
        The Co. manufactures and deal in Soya Milk and Extruded Soya
 Milk 
        Beverages and Fruit Juice and fruit based products.  The
 company
        was promoted mainly by Dr. A. S. Aiyer with financial support
        from the Bhiwandiwalla Group and the Godrej Group.
 
      - The Co. undertook to set up a project for manufacturing 18,000
 
        kilo ltrs. per annum of soya milk and 2,000 Tonnes per annum
 of
        extruded soya food products, it has signed the Technical
        Collaboration agreement with Kitburn Co. Ltd. Japan for the
        manufacture of non-beany flavoured soya milk beverages.
 
      - The Company also entered into an agreement with Alfa-Laval of
        Sweden for supply, on a turnkey basis, a complete soya milk
        plant.
 
      - Another collaboration agreement was entered into with Simon
 Foods
        Engineers, U.K. (SFE) for the manufacture of texturised
 vegetable
        proteins.  SFE were to supply equipment and technical
 know-how
        and they were to assist in the installation and commissioning
 of
        the extruded food machinery.
 
 1985 - 46,90,000 shares issued at par of which 20,50,000 shares were
        reserved and allotted on a firm basis to promoters,
 directors,
        etc.  Out of the remaining 26,40,000 shares.  2,34,500 shares
 to
        employees of the company and associate companies and 52,800
        shares to business associates of the company were reserved
 for
        preferential allotment.  Only 2,78,600 shares taken up out of
 the
        preferential quota.  The balance 23,52,700 shares, along with
 the
        unsubscribed portion of 8,700 shares out of the preferential
        quota, were offered for public subscription during April-May
        1986.
 
 1987 - The Company undertook to install aseptic packaging line
 against
        the original plan of having 3 packaging line and proposed to
 meet
        the additional investments through savings generated from
 import
        substitution of extruded products.
 
 1988 - New flavours and formulations were developed for beverages
 and
        fruit based products and formulations for instant cereal and
        legume based foods.  In addition, high protein and calorie
        products were also developed.
 
      - 17,50,000 No. of equity shares issued in prop. 35:100 (only
        2,80,363) shares taken up).  The balance 82,400 shares were
        allowed to lapse.
 
 1989 - Registration was obtained from the govt. for the manufactures
 of
        Coconut Milk, Toilet Soaps and Animal Feeds.
 
 1990 - Tomato Puree was launched and was well received in Mumbai. 
 The
        Company proposed to establish its own manufacturing and
 marketing
        network for fruit drinks, tomato puree and other food
 products.
 
      - With effect from 1st January, Vegoils Ltd., was merged with
 the
        Company.  2,70,000 No. of equity shares of Rs 10 each of the
        Company held by Vegoils Ltd., were cancelled.  Additional
        58,00,000 No. of equity shares of Rs 10 each were issued and
        allotted to the shareholders of Vegoils Ltd., in the
 proportion
        of four equity shares of Rs 10 each of the Company for every
        equity share of Rs 10 each held by them in Vegoils Ltd.
 
 1991 - The Company launched its own fruit drinks in four flavours
 under
        the brand name Jumpin in October.  Distribution of iodised
 salt
        commenced.
 
      - With effect from 30th July, the name of the Company was
 changed
        from `Noble Soya House Limited' to `Godrej Foods Limited'.
 
      - As per the Schemes of Amalgamation of Vegoils Ltd., with the
        company.  2,70,000 No. of equity shares of the company held
 by
        Vegoils Ltd., were cancelled.  58,00,000 shares issued to the
        shareholders of Vegoils Ltd., in the proportion 4 shares in
 the
        company to every share held in Vegoils Ltd.
 
 1993 - The Company commenced distribution of mineral water under the
        brand name Godrej Golden Valley.  The Company has entered
 into
        a distribution agreement with Blue Diamond Growers
 Incorporated
        California for distribution of flavoured almonds in consumer
        packs throughout the country.
 
      - During April-May, the Company issued 9,82,808-zero interest
 fully
        convertible debentures of Rs 100 each on Rights basis in the
        proportion 8 debentures: 100 equity shares held.
 
      - Another 49,140 debentures of the same category were offered
 to
        the employees on an equitable basis.  Part A of Rs 20 of the
        face value of each debentures was to be automatically and
        compulsorily converted into 2 equity shares of Rs 10 each on
        allotment.
 
      - Part B of Rs 80 of the face value of each debenture was to be
        converted into 2 equity shares of Rs 10 each at a premium of
 Rs
        30 per share within 17 months from the date of allotment of
        debentures.  Accordingly 19,62,832 shares were allotted.
 
 1994 - The Company entered into a joint venture with Selvia
 Nederlands
        BU (wholly owned subsidiary of Metropolitan Public Ltd.) on
 28th
        April 1995.
 
 1995 - The Company entered into a joint venture agreement with
 Selviac
        Nederlands BV for the setting up Godrej Pillsbury Pvt. Ltd.
 
      - The Company proposed to expand the capacities in the beverage
        plant by 18,000 kls. of soya milk and 16,000 kls. of fruit
        drinks and other fruit beverage plant was augmented by adding
 two
        more aseptic packaging lines.
 
 2000 - The Company has extended its product portfolio by launching a
 new
        range of fruit beverages called Xs across the nation.
 
 
 2004
 
 -Godrej Foods Limited has informed that the equity shares of the
 Company have been delisted from the Ahmedabad Stock Exchange w.e.f.
 January 21, 2004.
 
 2005
 
 -Delist  Securities from the Madhya Pradesh Stock Exchange w.e.f.
 March 21, 2005 & from the National Stock Exchange of India Ltd (NSE)
 w.e.f. April 19, 2005
 
 2006
 
 -Company has changed its name from Godrej Foods Ltd. to Godrej
 Commodities Ltd.                                                    
                                                          
 2008
 
 - Company name has been changed from Godrej Commodities Ltd to Wadala
 Commodities Ltd.
 
 2010
 
 - Wadala Commodities Ltd has informed that on April 23, 2010, the
 Board of Directors of the Company has approved appointment of Mr.
 Mathew Eipe as an Additional Director with effect from May 01, 2010
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