The Saraswati Ginning and Manufacturing Co. Ltd.

 

 
The Saraswati Ginning and Manufacturing Co. Ltd.
 
Ginning is the process of treating cotton pods to remove the seeds and produce bales of raw cotton for further processing. Cotton Seed Oil is the extract from these cotton seeds. 

The Saraswati Ginning and Manufacturing Co. Ltd. was set up in 1920 with an authorised capital of Rs. 30,00,000 divided in to 30,000/- of Rs100 each issued at Ahmedabad in August 1921. The paid up value of shares was Rs. 50/- only. The certificate shows an attractive vignettes of a factory building (most likely of the company itself) and a bridge across the river Narmada (probably indicating that the factory was located somewhere in the Bharuch (then Broach) district. Colour: Green & Brown.
 
It is worth noting that the certificates are signed by a Ms. Sulochana Chinubhai as Director and also as the Secretary, Treasurer & Agents of the factory. This shows that it was not only men but women too were actively involved in business then. Ms. Sulochana Chinubhaiwas later bestowed the title OBE and was called Lady Sulochana Chinubhai O. B. E. She donated to several relief programs and was Director of several companies such as:
The Godhra Electricity Co Ltd
The Saraswati Ginning and Manufacturing Co Ltd
Ahmedabad Ginning and Manufacturing Co Ltd.

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