The Board of Directors of Ahmedabad-based Excel Castronics Ltd has elected Jayesh Madiyar as their new Chairman. Madiyar is also the Chairman of Sampati Group, a Rajkot-based conglomerate having seven group companies including the recently acquired BSE-listed Excel.
Incorporated in 1992, the company manufactures and trades castor seeds products in India and deals in a range of oils comprising synthetic, edible, non edible and refined oil from oil seeds.