PFL Infotech Share Price

PLF Infotech Ltd., fromerly known as Pioneer Farms was incorporated as a private limited company in Dec.'86 and was converted into a public limited company in Jan.'93. It was promoted by P Amresh Kumar, P Suresh Kumar, P Kishore Kumar and P Muralidhar. The company initially estasblished a parent farm and a hatchery unit in 1986-87 with 10,500 broiler parent birds and an installed hatchery capacity of 3,25,000 day-old chicks pm. In 1995-96, the company undertook a project to expand its capacity further by adding another 10,500 layer parent birds and also set up a poultry processing plant with a capacity of 2000 birds ph. The project was part financed by a public issue of 35,60,000 equity shares of Rs 10 each for cash at par aggregating Rs 356 lac, in Mar.'96. During the year 1996-97, the company increased the installed capacity from 69,12,000 numbers to 95,04,000 numbers.