Vijay Solvex Ltd

Incorporated in 1987, Vijay Solvex Limited is a leading manufacturer/producer of Edible Oil and Vanaspati. The Company is diversified into ceramics products and wind power. The company came out with a public issue in Jun.'95 to part-finance the expansion of the existing capacity and forward integration. The proceeds were utilised by setting up a plant to manufacture vanaspati ghee with a capacity of 50 TPD and also washing soap with a capacity of 6 TPD. The products of the company are marketed under the Scooter brand name. The main products are refined mustard oil, soyabean oil and groundnut oil packed in tins. The company has an extensive dealer network to market its products. The company's vanaspati plant, with an installed capacity of 50 tpd, commenced its commercial production in Mar.'95. Since Bone China Ceramic has been well accepted in U.K the company is exploring in Europe market in big way, for this it has decided to increase production capacity of ceramic division. During 2001-02 the company had commenced the 1.38 MW Wind Power Plant at Jaisalmer District. The production had started in March 2002. During the year 2002-03, Company enhanced installed capacity from 1.38 MW to 2.30 MW of Wind Power Plant in Jaisalmer District by adding four new machines of same existing make. The production from new machines started on 29.03.2003. The Amalgamation Scheme of Goenka Products Private Limited with Company became effective on 26.08.2005. As per the Scheme of Amalgamation 56,205 equity shares were alloted to the eligible shareholders of erstwhile Goenka Products Pvt. Ltd. The Company completed the ongoing project undertaken for establishment of Wellness Center at Alwar during FY 2023-24 costing Rs 4.28 Crore.