ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Arora Fibres

EPW Research Foundation Tri-Star Soya TRI-STAR SOYA PRODUCTS, one of the largest soyabean processors in the country and a recognised export house, is implementing a forward integration programme as also an expansion-cum- modernisation scheme for its existing facilities at an estimated cost of Rs 12.8 crore. The company will be manufacturing 5,760 tpa of texturised vegetable protein and 7,500 tpa of vanaspati. These are being part-Financed by a rights issue of 13,87,400 equity shares of Rs 10 each at a premium of Rs 40 per share to its shareholders in the ratio of one equity share for every three shares held. The issue opened on April 18 and is lead managed by 20th Century Finance Corporation. While the expansion of the soyabean processing capacity from 1,50,000 tpa to 2,25,000 tpa was completed in November 1993, trial runs of the texturised vegetable protein plant and vanaspati plant are expected to be completed by the end of April and September this year, respectively. The company is now expanding the soyabean processing capacity to 3,00,000 tpa which is expected to be commissioned by this November. With the completion of these projects, it is expected that the company will post a turnover of Rs 150.5 crore in 1994-95. Profit after tax has been estimated at Rs 5.8 crore and EPS at Rs 11.2.

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