|Bagadia Colourchem Limited was incorporated under the Act as
a Private Limited Company on 27th April, 1985 in the name
Bagadia Engineering Private Limited. Subsequently, the name
of the Company was changed to Bagadia Colourchem Private
Limited w.e.f. 27th December, 1991 and was convened into a
Public Limited Company on 29th March, 1993. Certificate of
change of name under the Act, was obtained on 30th August,
The Company was promoted by Mr. N. R.Bagadia. Mr. Sushi
Bagadia and Mr. Sandeep Bagadia. The Company began
commercial activities in 1990 and the main objects were
changed by adding new clauses IA to enable the Company to
manufacture Copper Phthalocyanine Blue (CPC Blue), a pigment
having wide applications.
For setting up the said manufacturing facilities of CPC Blue
with an installed capacity of 360 tonnes per annum at MIDC,
Mahad, Dist. Raigad, Maharashtra, the Company had availed a
Term Loan of Rs. 72/- lacs from State Industrial and
Investment Corporation of Maharashtra (SICOM). The Company
commenced the commercial production on 1st February, 1992.
MAIN OBJECTS OF THE COMPANY
The main objects of the Company as set out in the Memorandum
of Association are as under :-
1. To manufacture, buy, sell, trade, import, export, market,
lease, repair, do job work of finished and semi finished
engineering products, equipments, instruments, pans
components of ferrous and non-ferrous metals, aluminum and
plastic extrusion articles, and to carry on engineering
activity in the form of fabricators, welders, founders,
consulting engineering, lathe workers, designers.
1A. To manufacture, produce, refine, process, formulate,
buy, sell, export, import, or otherwise deal in all types of
heavy and light chemicals, chemical elements and compounds,
dyes and dyes intermediates and pigments.
-Bagadia Colourchem Ltd has informed that the Board of Directors of the Company at its meeting held on May 18, 2007 has passed the resolution for shifting of Registered Office of the Company from 'Bagadia House' 23B Kasba Peth, Pune to the new place at 317, Mantri Kishor Arcade 257, Budhwar Peth, Pune with immediate effect.
-Bagadia Colourchem Ltd has appointed Mr. Dattatraya Mahadeo Mehta as an Additional Director of the Company.
- Bagadia Colourchem Ltd has appointed Mrs. Sangeeta Sushil Bagadia as an Additional Director of the Company.
- Bagadia Colourchem Ltd has appointed Mr. Shashikant Kakade as an Additional Director of the Company. Mr. Shashikant Kakade is not a relative of the Promoters / Directors and as such is a Independent Director on the Board.