The main business of the Company was to manufacture and market Organic Food.
The use of chemical pesticides leave unhealthy residues in the food we eat. Excessive use chemicals in farming are not good for health and the concept of Organic farming is gaining wider acceptance.
The Company set up procurement organization to purchase chemical free food directly from the farmers. It set up an advanced lab to determine the pesticide residues in food. The foods were neatly branded and packed and marketed in India. But the concept was ahead of its time and the market was willing to pay a premium for this chemical-free food. The Company was not successful and ran into heavy debts.
The Company in order to revive had to clear off its huge debts on One Time Settlement basis.
The debts have now been settled and Company is looking to revive its activities.
Overview Balance Sheet Contact Shareholding Compliance Downloads