| The Company was incorporated on 23rd November, 1987 as a Public
Limited Company with the Registrar of Companies, Kerela at
Ernakulam and obtained the Certificate of Commencement of
Business on 15th February, 1988. The Company is member of the
Kings Group of companies who are one of the major exporters of
marine products. The Company was set up as part of the Group's
plans for backward integration. The Company was amongst the
pioneers in promoting the concept of Aquaculture in the country
and has by its experience developed a proven technology of
Aquaculture suitable to Indian conditions.
The Company had in 1988 set up an aqua farm and a shrimp
hatchery of 50 Million frys per annum spread over 126 Acres of
land at Ottapidaram Taluk. Pattanamaradur village, Tuticorin.
The Commercial production at the aqua farm commercial began in
March, 1990. The Company has achieved a production level
averaging 8 tonnes/ha/crop. The financial performance of the
Company for the last 3 years as per the Audited Accounts of the
Company is as under:
The main objects of the Company as stated in the Memorandum of
Association are as under
1. To purchase, breed, raise, produce or otherwise acquire,
invest in, own, hold, use, lease, mortgage, pledge, sell,
assign, transfer or otherwise dispose of,trade, deal with and
purchase, manufacture, produce, make, deal in and deal with any
and all articles or things manufactured, produced, resulting or
derived in whole or in part from marine products whether to be
used in breeding or as food or in commerce, manufacture, the
science, the arts or otherwise.
2. To setup, lease, take or let on hire Shrimp farms, shrimp
hatcheries, fish feed plants, marine products processing and
freezing facilities.
PRESENT BUSINESS
The Company is at present engaged in aquaculture operations
spread over an area of 126 acres at Tuticorin, Tamilnadu, with a
water spread area of 70 Acres. The commercial production at the
aqua farm commenced in March, 1990. Using aquaculture the
company produces Shrimps which are exported to various countries
using the marketing network of the group companies. The Company
now proposes to expand the operations by adding another 50 acres
with a water spread area of 35 acres (14 Hectares).
2007
- Victory Aqua Farm Ltd has informed that the Board of Directors has appointed Mr. T Venkatramani as Wholetime Director and Chief Executive Officer of the Company with effect from June 04, 2007, subject to necessary statutory approval.
2010
-Company has changed its name from Victory Aqua Farm Ltd. to Kings Infra Ventures Ltd.
-Registered Office of the Company has been shifted From Kings Building, Neendakara, P.O. Kollam - 691 582 To A-1, First Floor, Atria Apartments, Opposite Gurudwara Temple, Perumanoor Road, Thevara, Cochin - 682 015. |