|The Company was incorporated in the state of Maharashtra as a Public Limited Company on 17th March 1992 and certificate of commencement of business dt. 20.3.92 was obtained from Registrar of Companies, Maharashtra, Bombay. The Registered office of the Company is situated at Plot No. T-3/2, MIDC Area, P.O. Box No. 39, Taloja - 410 208, Raigad (Dist), Maharashtra.
The Company has revalued the land admeasuring 16,126 Sq. meters, in the month of January 1994, since the MIDC rate per Sq. meter had increased to Rs. 550/- from Rs. 200/- at the time of its purchase in the month of October 1992. The value of the land is now recorded at Rs.88,71,300/- instead of Rs. 32,52,400/ - which was the cost price, vide the valuation report of D K Nagarseth & Associates( Approved Valuer No. F-2087)
dated 4th, Jan., 1994.
MAIN OBJECTS OF THE COMPANY
The main objects to be pursued by the Company on its incorporation as stated in its Memorandum of Association are:
To formulate, develop, manipulate, process, import, export, buy, sell, or otherwise deal in all Organic and Inorganic chemicals, Fine chemicals, Heavy chemicals, Performance chemicals, Agro-chemicals, all kinds of organic and Inorganic pigments, colour, Dyestuffs and their intermediates, all kinds of Organic and Inorganic acids and alkalies, Drugs, Medicines and their intermediates, Silicon and Phosphorus based chemicals and byproducts thereof and products to be made there from, and all tools of Bio- Technology.
SUBSIDIARIES OF THE COMPANY
The Company does not have any subsidiaries.
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