Enter the first few characters of Company and click 'Go'

Bhageria Industries Ltd. Company History and Annual Growth Details

BHAGERIA DYE - CHEM LIMITED was originally incorporated on 12th July, 1989 as a Private Limited Company under the name BHAGERIA CHEM PRIVATE LIMITED with the Registrar of Companies, Maharashtra. The Company was converted into a Public Limited Company and the name was changed to BHAGERlA DYE - CHEM LIMITED on 14th September,1993 and a Certificate to that effect has been received from the Registrar of Companies, Maharashtra on September 14, 1993.

The existing Plant of the Company is Located at Plot No. 6310, Phase IV, G.I.D.C., VAPI, GUJARAT which is Asia's largest Chemical Zone. The Company is at present engaged in manufacturing Vinyl Sulphone with an installed capacity of 540 tones per annum.

PRESENT AND PROPOSED ACTIVITIES

The Company is at present engaged in the manufacture of Vinyl Sulphone. It started the commercial production of Vinyl Sulphone in the year 1991-92 with an installed capacity of 540 tones per annum. In order to have one time experience in the field of civil construction work of chemical/continuous process plant the Company entered into a construction contract worth Rs.223 Lacs with M/s. Vikram spat ( a unit of Grasim Industries Limited ) and completed the same successfully.

Besides manufacturing Vinyl Sulphone, the Company now plans to diversify into the manufacture of H. Acid and Reactive Dyes. The proposed production facility would he located at the existing site at Vapi, Gujarat, which is an area on Bombay-Gujarat Highway. Vapi is an industrial area well developed by G.l.D.C. and completely equipped with all infrastructural facilities like communication, power, transport, water etc. It is credited with a distinction of being Asia's largest Industrial Estate.

2004

-Securities of the Company have been delisted from Jaipur Stock Exchange (JSE) w. e. f. August 17, 2004.

2006

Board recommends dividend of 10%.

2008

- E-mail ID for Investors Complaints :[email protected]

2009

-Company has recommended Dividend of Rs 0.60 for each equity share of Rs 10/- each.

2010

-Company has recommended Dividend @ 12% i.e. Rs. 1.20 Per Share for the year ended March 31, 2010.

2011

-Bhageria Dye-Chem has recommends a dividend of Rs. 1.20 per share for the year ended March 31, 2011.

2012

- Mr. Rohit Pandey has been appointed as new Compliance Officer of the Company.

2013

-Company has recommended a tax free dividend of 8% i.e. Rs. 0.80 per share for the year ended March 31, 2013.

2014

-Bhageria Dye-Chem has recommended an additional special tax free dividend of 25% i.e. Re. 2.50 per share to mark completion of 25 years of the Company.
-Mrs. Chandraprabha Bhageria has been appointed as additional Director of the Company.

2015
-The Company has changed its name from Bhageria Dye-Chem Ltd to Bhageria Industries Ltd.

2016
-Bhageria Industries has won 30MW Solar Power Project from Solar Energy Corporation of India (A Government of India Enterprise).

2017
-Commissioned 30MW solar plant.

2018
-Amalgamation of Nipur Chemicals Ltd. with the Company Highest ever dividend paid (110% of face value).

2019
-The Company has issued Bonus Shares in the Ratio of 1:1.

2021

-Completion of acquisition of 51% Equity Shares of Bhageria and Jajodia Pharmaceuticals Private Limited ('BJPPL').

-The Company has acquired Land admeasuring 13,957 Sq. m. (i.e. Plot No. E137) from Maharashtra Industrial Development Corporation (MIDC), Tarapur for future expansion and new projects. The Company has already made necessary payments to MIDC. A Lease agreement to this effect has been entered between MIDC and the Company for 95 years on November 9, 2021.

2022

The Company has informed that , it has successfully commissioned 9.50 MW Solar Power Projects at Village Kombhalne, Tal Akole, Dist. Ahmednagar, out of which 4 MW is used by the Company for self-captive consumption at Tarapur Plant and the balance 5.50 MW Solar Power Projects as a turnkey EPC Project(s) for our client(s) for their captive consumption.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article