- Business
- Anik Industries Limited (ANIKINDS.NS) engages primarily in trading agri-commodities and edible oils, wind power generation, real estate development, and other diversified activities including mining and ferro alloys production. The company trades and merchandises a range of agri-commodities such as cotton, oilseeds, grains, pulses, spices, vanaspati oils, wheat, sesame and cumin seeds, corn, rice, gram, and various agro-based products; operates wind turbine power units with capacity in locations including Jaisalmer and Dewas, alongside interests in conventional, solar, small and mini hydel, and biomass power plants; develops housing projects and properties such as One Rajarhat in Kolkata comprising 320 apartments and Active Acres; mines natural resources including coal, manganese, and phosphate rock deposits; and produces integrated ferro alloys for steel making, with involvement in metal minerals like iron ore, bauxite, granite, quartz, marble, silica sand, dolomite, and limestone. Incorporated in 1976 as Madhya Pradesh Glychem Industries Limited and renamed Anik Industries Limited in September 2006, the company maintains its registered office in Indore, Madhya Pradesh, with administrative and corporate offices in Indore and Mumbai, India, and conducts export operations internationally while focusing on domestic markets in trading, energy, real estate, and mining sectors. Recent developments include the appointment of M/s. Ajit Jain & Co. as secretarial auditors for fiscal years 2025-26 through 2029-30 announced on September 22, 2025; successful passage of all eight resolutions at the annual general meeting on September 22, 2025, covering financial statements, director reappointments, related party transactions, and loan extensions; authorization on September 17, 2025, of the Chairman, CFO, and Company Secretary to determine materiality thresholds with policy updates on the company website; and closure of the trading window from October 1, 2025, until 48 hours post-Q2 results announcement.