- Business
- N.K. Industries Limited, an India-based manufacturer of castor oil and its derivatives, produces a range of castor oil products including commercial grade, cold pressed, refined, pale pressed grade, first pressed degummed and BP 93 grade; derivatives such as hydrogenated castor oil, 12-hydroxy stearic acid flakes or powder and ricinoleic acid; de-oiled cakes including standard castor meal and high protein variants (N8/N10); and by-products like sodium sulphate anhydrous and crude glycerin. The company, founded in 1987 and headquartered in Ahmedabad, Gujarat, operates primarily in the edible oils and agricultural products segment, serving domestic and export markets as a government-recognized export house with trading activities in allied castor-based commodities. In recent developments, N.K. Industries held its 37th annual general meeting on September 29, 2025, where it adopted financials for fiscal year 2024-25, reappointed key management including Managing Director Nimish H. Patel and directors Hasmukh C. Patel and Snehalben N. Patel, approved related party transactions and appointed Chirag Shah & Associates as secretarial auditors; the company also issued a compliance certificate under SEBI regulations on October 8, 2025, amid ongoing challenges including high debtor days exceeding 500 and negative profitability.