Swojas Energy Foods Limited, established in 1993, initially focused on milk and dairy products but ceased operations in 2000 due to winding-up proceedings. The company is now transitioning into the agriculture business while also engaging in short-term lending. In 2024, significant changes in ownership occurred when the company's original promoters sold 75% of their equity shares at Rs. 3.50 per share via an off-market transaction. Subsequently, Mrs. Jyoti Gupta (also known as Jyoti Khandelwal) and Mr. Parthrajsinh Rana acquired substantial shares through an open offer, becoming the new promoters under SEBI regulations. These developments signal a strategic shift and potential new direction for the company, focusing on agriculture and financial services.
