|The company was incorporated as a Private Limited company on 17th
Novemeber, 1981 and it became a Public Limited company on 29th January,
1982. The company was engaged in the business as importers of synthetic
and wool wastes. During 1985-86, the company acquired an existing
agro-products industrial complex at Dewas near Indore in Madhya
Pradesh. This complex comprised facilities for the manufacture of
integrated agro-products viz. Vegetable Oil refinery, hydrogenation
plant and flour mill. Subsequently, a Vanaspati (vegetable ghee) plant
with an installed capacity of 22,500 tonnes per annum was established
at Mandideep near Bhopal. The vanaspati products are marketed under the
trade name of 'TARUN'.
The company has changed its name in sept. 1995 to ' Oswal Chemicals &
-Fire breaks out in a sulphur godown of the company in Paradip.
-Shifts the Investor service cell to 7th floor Anthriksh Bhawan, 22, Kasturba Gandhi Marg, New Delhi - 1.
-Gets Corporate Debt Restructuring's approval for its restructuring package.
-Orissa government orders institution of Criminal proceedings against the company over pollution.
-Kribhco picks up Oswal's urea unit for Rs 1,900cr