Shri Krishna Prasadam was originally incorporated on May 28, 2009, as Shri Krishna Prasadam Private Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, NCT of Delhi and Haryana. Subsequently, the company was converted into a public limited company and the name of the company was changed to Shri Krishna Prasadam Limited pursuant to a Shareholders Resolution passed at the Extra Ordinary General Meeting held on December 13, 2013 vide a Fresh
Shri Krishna Prasadam was originally incorporated on May 28, 2009, as Shri Krishna Prasadam Private Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, NCT of Delhi and Haryana. Subsequently, the company was converted into a public limited company and the name of the company was changed to Shri Krishna Prasadam Limited pursuant to a Shareholders Resolution passed at the Extra Ordinary General Meeting held on December 13, 2013 vide a Fresh Certificate of Incorporation consequent upon change of name dated December 24, 2013 issued by the Registrar of Companies, NCT of Delhi and Haryana.
The company’s promoters are Kulbhushan Parashar, Harpreet Parashar, Kulbhushan Parashar HUF and KPCorp Consultants.
The company started its operations in the year 2009 and was initially engaged in the business of manufacturing, exporting and supplying of gemstones, stone jewelry, rudraksha beads, shivlings, shri yantras, sphatik ganesh, rudraksha pendant, rudraksha mala, etc. in India. However, in view of the market scenario and increase in the custom duty payable on Gold, the Board of Directors decided to alter the object clause of the company in order to allow it to operate in areas such as real estate, consultancy services and agricultural activities. Accordingly, the Board of Directors of the company, in their meeting held on October 08, 2013, resolved to amend the object clause of the memorandum of association.
Business area of the company
The company is currently primarily engaged in the business of trading in Rice. The company trades in rice varieties like basmati, sela and parmal. Moreover, the company has recently ventured into the real estate field and is engaged in the business of real estate underwriting. The company is primarily engaged in sale and lease of commercial, residential, retail and industrial properties.