Excel Castronics has applied for registration of a trademark ‘MADIYAR’S’ under class 29 and 30. The company will use the proposed trade mark as a brand name for trading of cashew nuts and cardamom.
The company has recently received an export order of Rs 40 crore of Castrol oil, raw cashew nuts and green cardamom, which will be completed by last quarter of FY15-16. The company is expecting to touch turnover of around Rs 70 crore in current fiscal.
Excel Castronics (Formerly known as Ahmedabad Gases) was incorporated as a private limited company with the Registrar of Companies, Gujarat, at Ahmedabad. The company was later converted into a public limited company vide a Special Resolution passed by the company and fresh certificate was obtained. After incorporation, the company started trading activities in industrial gases from August, 1992.The company commenced the production of gases from September 1993 on installation of machinery.
