SVC Industries Share Price

SVC Industries Limited (Formerly known as SVC Superchem Limited was incorporated on August 29, 1989 led by Promoter, Mr. Suresh Chaturvedi. The Company name was changed from SVC Superchem Limited to SVC Industries Limited on October 9, 2017. The Company has warehousing facilities at Village Bhadawal, in Mathura district of Uttar Pradesh and was engaged in the business of trading and warehousing of Agri Products. Pertaining to this matter, the Company had set up a PTA plant at village Chhata in district Mathura in the State of UP. The plant, after successful trial run, was put under shut down since September 2000 due to various reasons beyond control of the Company. The Company abandoned its PTA project in 2018 and is utilizing its infrastructure for some new industry as advised by international consultants EY. The Company with a few other partners had set up a new special purpose vehicle (SPV) in the name of M/s. Nandavan Mega Food Park Private Limited for setting up a Mega Food Park on its existing land. The company which was earlier engaged in trading in steels and chemicals like benzoplast, acetone, pine oil, toluene, benzene, phenol, etc, had discontinued the trading activities in Jul.94 to concentrate on its PTA project.During the year 2024, the project for setting up a Mega Food Park was abandoned due to changed policies of the Government, accordingly the lease agreement with Nandavan Mega Food Park Private Limited was cancelled vide deed of cancellation Agreement dated March 20, 2024. Further, the Company has sold its Investments in Nandavan Mega Food Park Private Limited to Akhil Marketing Private Limited as Mega Food Park Project was abandoned. Subsequent to the year, Company has decided to diversify its operations into the AgriBusiness division Setting up of Farmer Helping Center in Chhatta, District Mathura, Uttar Pradesh.