The company was originally incorporated on December 30, 2016 as “Kotyark Industries Private Limited” under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Further, the company was converted into Public Limited Company and consequently name of company was changed from “Kotyark Industries Private Limited” to “Kotyark Industries Limited” vide Special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on July 24, 2021 and a fresh certificate of incorporation dated August 05, 2021 issued by the Registrar of Companies, Ahmedabad.
The company from its incorporation till the year May, 2019 was in whole-sale trading of Bio-Fuels where the Company Purchase Bio-Fuel form its Group Company and other parties and sale to the customers of the company. Later in the year 2019, the company succeeded in setting-up its manufacturing unit at Sirohi District, Rajasthan thus making diversification in its range of products and increasing the scalability of its business. The company is positioned as a socially responsible entity as it has a Zero Discharge in terms of Effluents. Also the company works on slogan i.e. “The Policy is Clear and the Intention is Clear”.
The company is an approved manufacturer of Biodiesel and has received Letter of Intent from Biofuel Authority, Rural Development, Panchayat Raj Department, Government of Rajasthan and received permission from Government of Rajasthan for setting up Mobile Retail Outlet for sale of Bio-Diesel. Further, the company has entered into Mobile Retail Outlet (MRO) Agreement with various parties for retail sale or supply at the mobile retails outlets.
Business area of the company
The company is primarily engaged in the manufacturing of Bio Fuel which is an alternative source of energy and has the ability to replace and a good substitutes of traditional fossil fuels like coal, firewood, lignite, etc. The company is serving towards renewable green energy and sustainable development of renewable natural resources (Biofuels) through the adoption of environmentally friendly technology that favors the net reduction of greenhouse gas emissions for use in a vehicle for public and private transport as well as various equipment and Gen Sets.