Brahmanand Himghar Ltd was incorporated on June 21, 1990, as Brahmanand Developments Private Limited under the Companies Act, 1956 with Registrar of Companies West Bengal. The Company subsequently became a public company under the name of Brahmanand Developments Limited with effect from June 16, 1994. The name of the company was changed to Brahmanand Himghar Limited and fresh Certificate of incorporation was obtained on April 29, 1998. The company was originally promoted by Bal Kishan Agarwal and Ajay Kumar Churiwala.
The Company was initially engaged into investment related activities. In the year 1998, the company diversified into cold storage business by setting up a 14000 metric ton Cold Storage for preservation of potatoes and accordingly the name of the Company was changed to Brahmanand Himghar Limited. The Company obtained a fresh certificate of incorporation on April 29, 1998 from the Registrar of Companies West Bengal. The company is presently having one of the largest Cold Storage in the Midnapur District, West Bengal.
The Company has received approval from Directorate of Agricultural Marketing dated August 28, 2001 to carry on the business of cold storage. The West Bengal Pollution Control Board has given consent to the company vide consent letter number 6048.
The Company has a Cold Storage of 14000 metric tonnes licensed capacity and is situated at village Amlasoli in the district of Midnapore (West Bengal). The existing Cold Storage is meant for storing potatoes only. The Company is now proposing to set up Multipurpose Cold Storage of 3000 Metric Ton Capacity at Jamshedpur in the State of Jharkhand.
Apart from providing the warehousing facilities to the farmers and others for storing potatoes in the existing cold storage facilities at village Amlasoli in the district of Midnapore (West Bengal), the Company plans to invest and trade in potatoes itself by warehousing the same in its own account. The Company foresees tremendous business opportunities and wide operating margin in storing the potatoes during the peak season and offloading the same in the off-season. Initially the Company plans to utilize half of its existing facilities for its own operation.
Business area of the company:
The Company started its Cold Storage operations from March1, 2000. The company already has a cold storage unit in village Jharia, District Midnapore, West Bengal, which is used for storing potatoes. The cold storage has been running successfully for the past 3 years.