- Business
- Shri Venkatesh Refineries Limited (SVRL.BO) manufactures and sells edible oils and fats in India. The company produces refined soybean oil under the Rich Soya brand, vanaspati, hydrogenated vegetable oils, refined sunflower oil, and specialty fats for bakery and confectionery applications; it also offers soya flour and lecithin as by-products. Headquartered in Jalgaon, Maharashtra, and founded in 2004, Shri Venkatesh Refineries operates primarily in the domestic market with manufacturing facilities in western India. In recent developments, the company expanded its production capacity through a new refining unit commissioned in 2023, enhancing output for soybean and sunflower oils; it also formed a strategic distribution alliance with regional retail chains in 2024 to broaden market penetration in central India. Additionally, Shri Venkatesh Refineries reported a successful debt refinancing round in early 2025, strengthening its balance sheet for further capacity upgrades. The company serves household consumers, food processors, and institutional buyers in the fast-moving consumer goods sector.