BKV Industries was incorporated as a public limited company on January 25, 1993. The company is engaged in shrimp production in India and internationally. Its products include processed/headless shrimp. The company also engages in trading tobacco. BKV Industries is based in Guntur, India.
Milestones:
1993 -- Bommidala Aquamarine was incorporated as a public limited company on January 25, with an aim to promote an aquaculture related industrial project. It
BKV Industries was incorporated as a public limited company on January 25, 1993. The company is engaged in shrimp production in India and internationally. Its products include processed/headless shrimp. The company also engages in trading tobacco. BKV Industries is based in Guntur, India.
Milestones:
1993 -- Bommidala Aquamarine was incorporated as a public limited company on January 25, with an aim to promote an aquaculture related industrial project. It has identified shrimp culture as the most progressive and profitable business venture. The company is promoted by the Bommidala family, who are in various business lines for over four decades. Bommidala Aquamarine Ltd, has already completed the first phase of 12.5 hectares of shrimp farm in Kurru Island, Iskapally Village, Nellore District, Andhra Pradesh and is planning an integrated project which will have facilities of an in-house hatchery, farm and processing plant with its own marketing setup.
1994 -- During August, the company went to the public with an issue of Rs. 467.41 lakh (46,74,100 shares of Rs 10 each) for cash at par.
1996 -- The company has commenced commercial production during the year in hatchery and second phase in the farm.
1997 -- The company is proposing to improve its performance in hatchery and farm by implementing further modifications to it's facilities.
1999 -- The company entered into an agreement with B Ramakrishna, to re-appoint him as managing director from March 10.
2000 -- Procedure and other matters connected to the dematerialisation of the company's shares.
