KN Agri Resources
KNAGRI · FMCG > Consumer Food · Chairman: Vijay Shrishrimal · MD: Vijay Shrishrimal · Listing date: March 28, 2022

Incorporated in 1987, KN Agri Resources is an agro-based company, involved primarily in the business of (a) solvent extraction & oil refining and (b) trading of various agro-commodities. Its wide range of processed and manufactured products includes soya de-oiled cake (soya meal), Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cotton seed oil, refined rapeseed oil and rapeseed de-oiled cake. Under the agro-commodities business, it trades in various agro commodities such as maize, gram, pulses, sugar, soyabean, wheat etc.

The company has three strategically located plants in the state of Madhya Pradesh comprising of three solvent extraction plants, two oil refineries and one flour mill. The location of its plants gives it the competitive edge over other players in terms of procurement and availability of major raw material (i.e. soyabean seeds). The company’s two manufacturing units, namely, Khandwa Oils - Unit I and Unit II situated in Khandwa, M.P., are spread in the wide area of around 20 acres, while its another unit located in Kheda, Itarsi, M.P. is spread around an area of 10 acres. All its units have a well-equipped laboratory, modern technology and testing equipments with supporting environment and facilities, to ensure that the products conforms with the pre-determined food standards.

Business area of the company

The company is into production of edible oils, animal feed ingredients, soy value added products and supply chain of agri commodities. Its wide range of processed and manufactured products includes soya de-oiled cake (soya meal), Hipro Soya Meal, soya refined oil, soya crude oil, degummed oil, soya lecithin, acid oil, soya husk, cotton seed oil, refined rapeseed oil, rapeseed de-oiled cake, soya grids, soya flakes, and soya flour. It supply chain business deals in commodities such as maize, gram, pulses, sugar, soyabean, wheat etc.

Key events:

  • 1987: Incorporation of Company as 'Itarsi Oils & Flours Private Limited' under the Companies Act, 1956.
  • 1988: Commencement of 1st Manufacturing Unit at Itarsi, Madhya Pradesh.
  • 1990: Conversion of the Company from Private Limited to Public Limited.
  • 1993-94: Commencement of 2nd Manufacturing Unit at Khandwa, Madhya Pradesh.
  • 2004: Commissioning of I Wind Power Project of 1.25 MW at Nagda Hill, Dewas (Madhya Pradesh).
  • 2006: Commissioning of II Wind Power Project of 600 Kw at Sangli, Maharashtra and III Wind Power Project of 1.25 MW at Nandurbar, Maharashtra.
  • 2007-08: Commencement of 3rd Manufacturing Unit at Khandwa, Madhya Pradesh.
  • 2009-10: Crossed Revenue of Rs 500 crore.
  • 2011: Commissioning of IV Wind Power Project of 1.5 MW at Jaisalmer, Rajasthan.
  • 2012: Acquired 45.00% stake in Raipur Mega Food Park Private Limited through allotment of equity shares pursuant to which it became our Associate Company.
  • 2014: Conversion of the Company from Public Limited to Private Limited.
  • 2018-19: Crossed Revenue of Rs 1000 crore.
  • 2021: Change in the name of the Company from Itarsi Oils & Flours to KN Agri Resources.
  • 2021: Conversion of the Company from Private Limited to Public Limited.