The company was incorporated as a Partnership firm in 1983, under the name and style as Chaman Lal & Sons. Subsequently, the firm was converted into a public limited company on 21-09-94 under Part IX of the Companies Act, 1956, registered as Chaman Lal Setia Exports Limited with the Registrar of Companies, Punjab, H. P. and Chandigarh, at Jalandhar on September 21, 1994 and obtained its Certificate for Commencement of Business from the said Registrar on October 3, 1994. The company has been promoted by the partners of the above named firm, Sh. Chaman
Lal-Setia, Sh. Vijay Setia and Sh. Rajeev Setia. All the promoters are experienced businessmen and are well versed with the rice trade.
The Company is presently operating rice milling units in Amritsar and in Karnal. Both these locations are in close proximity to the Rice producing areas of India. The firm has over the years built a good rapport with the Rice cultivators and enjoys a good reputation among them. Both its Shellers are equipped with modern machinery which is proposed to be further enhanced. The Karnal Sheller also has a SORTEX machine which incorporates the state of the art technology for cleaning rice and removing impurities.
The present milling capacities of the Amritsar unit and the Kamal unit is 2 tonnes per hour, each. The machinery in both the plants ensures a smooth and uninterrupted flow of Rice. The layout has been so arranged that paddy is input at one end and rice is obtained at the other end With the minimum interference. By-Products like husk, Rice Skin etc. are also saleable and are therefore, effectively recovered.
2008
Company has designated the E-mail IF of the grievance redressal division / Compliance Officer i.e. setia@jla.vsnl.net.in for the purpose of Registering Complaints by the Investors.
2009
-Company has recommended a dividend of 15% i.e. Rs 1.50 per share.
2011
-Company has recommended a dividend of Rs. 1.50 per share (i.e. 15%).
2012
-Chaman Lal has recommended a dividend of Rs. 1.60 per share (i.e. 16%).
2013
-Company has recommended a dividend of Rs. 1.10 per share (i.e. 11%).
2014
-Chaman Lal has recommended a dividend of Rs. 1.50 per share (i.e. 15%).
2015
-Chaman Lal Setia Exports has splits its face value from Rs. 10 to Rs. 2
2016
-DCM Shriram Ltd expands additional captive power generation capacity at its Chlor-alkali unit in Bharuch (Gujarat).
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