Enter the first few characters of Company and click 'Go'
Balaji Amines Ltd. Company History and Annual Growth Details
Brief History of the Company.
BALAJI AMINES LIMITED was promoted by the KPR Group in 1988 at Solapur, Maharashtra for the manufacture of speciality Chemicals Products, viz. Methyl Amines and Ethyl Amines. This venture marked their entry into a high technology area and these products were being manufactured with indigenously developed technology for the first time in India. The plant was successfully commissioned and the Company has declared dividends from the first full year of operations. The Company was assisted by IFCI by say of equity assistance of Rs. 20.00 lakhs and term loan of Rs.235.50 lakhs. The Company started Commercial production from 1-3-1991, initially with the manufacture of Methyl Amines alone. The manufacture of Ethyl Amines was started from 1-8-1992.
BHAGYANAGAR CHEMICALS LTD :
This company was setup to manufacture 3 cynopyridine and 4 cynopyridine. The project cost is around Rs. 200.00lakhs. IDBI has invested Rs.80.00lakhs in this unit under venture capital scheme. The unit has recently started production.
BHAGYANAGAR WOODPLAST LTD:
This company was setup to manufacture and suply woodplast (extruded synthetic structural foam panels and profiles) and other products such as PVC sheets pipes etc.
-Balaji Amines acquires Bhagyanagar Chemicals.
-The Company has issued Bonus Shares in the Ratio of 1:1.