Our Company was incorporated under the Companies Act, 1956 as a private limited company under the name and style of `Sri Priyanka Agro Enterprises Private Limited' pursuant a certificate of incorporation dated April 30, 1990 issued by the Registrar of Companies, Tamil Nadu at Chennai. Subsequently, pursuant to resolutions passed by our Board of Directors in their meeting held on November 1, 2024 and by a Shareholders' Resolution passed on November 15, 2024, the name of our Company was changed to `Sri Priyanka Geo Commex Private Limited' and a fresh certificate of incorporation dated November 25, 2024 was issued by the Registrar of Companies, Central Processing Centre. Further, pursuant to resolutions passed by our Board of Directors in their meeting held on November 26, 2024 and Shareholder's Resolution passed on November 27, 2024 our Company was converted into a public limited company, consequent to which its name was changed to `Sri Priyanka Geo Commex Limited', and a fresh certificate of incorporation dated December 6, 2024, consequent to such conversion was issued by the Registrar of Companies, Central Processing Centre. The Corporate Identity Number of our Company is U10402TN1990PLC019110.
Major Events and Milestones: 1995-96 - Our company acquired 6.27 acres of land situated in Survey No. 681, located in Chandrashekarpuram Village, Kodavalur Mandal, Nellore District. - Our company established a solvent extraction plant with a processing capacity of 60 metric tons per day, designed for the extraction of oil from various oil cakes. The plant commenced commercial operations on December 28,1997.
2006-07 - To drive growth and diversify inputs, our company increased solvent extraction capacity from 60 to 100 tons per day and added a rice bran preparatory facility.
2010-11 - In alignment with our Company's forward integration strategy, we established a physical refinery with a capacity of 50 metric tons per day for the refining of crude rice bran oil.
2010-11 - As part of our company's ongoing capacity enhancement initiatives, our company has further increased the processing capacity of its solvent extraction plant from 100 metric tons per day to 200 metric tons per day.
2014 - In-house R&D enabled our company to produce 99.5% pure rice bran fatty acid, positioning us among two Indian refineries commanding premium prices
2015 - As part of our strategic diversification efforts, our Company established a 100% owned subsidiary in Singapore, Geo Min Commodities Pte Limited, and a step-down subsidiary in Morocco, Atlas Resources International. These entities are engaged in mining, mineral trading, and global-scale operations, with a focus on supplying raw materials and consumables to key industries, including Oil and Gas and Cement.
2019 - Our Company discovered a mineral called mixed barite-fluorine (MBF) during regular mining activities in Morocco.
2024 - Our company successfully secured a significant order for 200 metric tons of mixed barite-fluorine (MBF) from Germany. - Our company has been successfully registered as a vendor with a reputed company in USA, and has established itself as one of the largest suppliers of milled barite in North America. - Our company received a Request for Quotation (RFQ) from a reputed company in USA for the supply of 100,000 metric tons per annum of drilling-grade barite.
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