Modi Naturals Ltd Company Profile: Products, Promoters and Clients
Modi Naturals Ltd Company Description
Modi Naturals Ltd is engaged in the manufacturing and marketing of oils and deoiled cakes.
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Q1. What are the Products and Service offerings of Modi Naturals Ltd?
Business Divisions
- Consumer Division: This division is dedicated to producing premium and super-premium refined edible oils.
- Bulk Business Division: Specializes in manufacturing and selling rice bran oil.
- Ethanol Division: Operates one of Chhattisgarh’s pioneering greenfield grain-based ethanol distilleries.
Products & Brands
- Olive Oil: Marketed under the brand name Oleev, this olive oil is crafted from carefully selected olives from Spain's Andalusian region.
- Natural Olive Oil: The Olivana Wellness brand offers 100% natural pure olive oil, sourced from Spain, Italy, and other Mediterranean countries.
- Rice Bran Oil: Sold under the brand Rizolo, this oil is extracted from premium basmati rice and refined within 24 hours using a chemical-free process.
- Canola Oil: The Miller brand offers canola oil sourced from the farms of Canada.
- Instant Drink Mix: Under the JYNX brand, the company provides a range of instant drink mixes in flavors like orange, mango, iced tea, and mojito, all enriched with Vitamin C.
- Popcorn: The Pipo brand offers a variety of popcorn products, including mix, microwave, and instant options.
- Pasta and Peanut Butter: These products are marketed under the Oleev Kitchen brand.
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Q2. Who are the Promoters of Modi Naturals Ltd?
Mr. Anil Modi: CHAIRPERSON & MANAGING DIRECTOR
Mr. Anil Modi, aged 63, is one of the founding members of Modi Naturals Limited. He is on the Board of the Company since 1976.He is guiding force behind the success of the Company. He has over 3 decades of invaluable experience in the line of the business of the Company: experience that strengthens decision making process of the Company and its future plans
Mr. Akshay Modi: JOINT MANAGING DIRECTOR
Mr Akshay Modi, aged 35, is an Engineer from the University of Leeds, U.K and an alumnus of The Doon School. He is a visionary entrepreneur who conceptualized the launch of Edible Oils in consumer packs under the brand names, ‘Oleev’, ‘Tarai’, ‘Rizolo’, ‘Miller’ and ‘Olivana wellness’.He joined Modi Naturals Limited (the Company) in 2008 and is the son of Mr. Anil Modi, the Founder Chairperson & Managing Director of the company.
He is on the Board of the Company as Joint Managing Director since November 13, 2018. He has sound professional experience in the FMCG sector in the fields of project execution, Business Planning and Development, management, Marketing, corporate strategic planning, Customs & Excise, business development, as well as in Government and Regulatory affairs relating to the FMCG Industry.
Q3. Who are the Clients of Modi Naturals Ltd?
The company sells its products under its umbrella of brands such as:‘Oleev’, ‘Tarai’, ‘Rizolo’, ‘Miller’ and ‘Olivana wellness’.
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