- Business
- Eureka Industries Limited engages in the trading of agricultural commodities and related materials in India. The company trades wheat, rice, paddy, maize, pulses; and plans to expand into cultivation of fruits, vegetables, seeds, cereals, grains, lentils, cash crops, corn, hay, and straw using sustainable and organic methods. Incorporated on November 3, 1992, as Eureka Spinners Limited, it changed its name to Eureka Industries Limited in 1993 and maintains its headquarters at A-505, Titanium City Centre, Ahmedabad, Gujarat. Its main objects encompass manufacturing and processing of cotton and non-cotton fibers including nylon, polyester, acrylic, rayon, silk, artificial silk, linen, cotton waste, wool, and jute into yarns, textiles, cloth, tapes, ropes, cords, twine, and allied products through spinning, weaving, bleaching, dyeing, printing, and finishing. In 2025, the company conducts a rights issue of 49 million equity shares at INR 10 per share, aggregating up to INR 49 crore, with subscription from April 9 to May 8 on a 28:5 entitlement ratio to bolster its capital base and support business growth amid rising net sales to INR 85.32 crore for fiscal year 2025.