Kotyark Industries 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.
Products of the company
- BioDiesel
- Veg Ester - Semi Finished BioDiesel
- Glycerin
History and milestones
- 2016: Incorporated the Company, Kotyark Industries Private Limited, as a wholesale trader of biofuel.
- 2019: Commenced manufacturing of different variants of biofuels.
- 2019: Transformed its business by shifting from a pure biodiesel trading Company to one of the most significant biodiesel manufacturers in Rajasthan with an ambition to go further.
- 2021: Became the first and only listed pure play biodiesel manufacturing Company in India, through its IPO on NSE Emerge.
- 2022: Announced the amalgamation with Yamuna Bio Energy Private Limited.
- 2023: Announced the successful commissioning of a glycerine processing pilot plant, and further investments into the opportunity.
- 2024: Completed the monumental amalgamation of Yamuna Bio Energy Private Limited in Kotyark Industries Limited, thus fostering a new era of growth in the biodiesel industry.
- 2024: Became the first Indian Company in the biodiesel sector to receive accreditation under Verra - the globally recognized standard for carbon certification.
- 2025: The company announced an interim dividend of Rs 7.5 per equity share to commemorate 3 years of its listing as of Vikram Samvat 2081.
- 2025: The Board approved the migration of Kotyark Industries Limited to the mainboard of both NSE and BSE.