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Transpek Industry Ltd. Company History and Annual Growth Details

YEAR EVENTS
1965 - The Company was incorporated at Atladra. It Manufacture sodium
hexameta phosphate, phosphoric acid, tri sodium phosphate, sodium
tri poly phosphate, hexa chloro cyclo pentadiene and allied
chemicals.

1976 - 4,000 bonus shares issued in prop. 4:5. 1,000 Rights shares
then issued at par in prop. 1:9.

1978 - Shares sub-divided. 1,50,000 shares issued at par to public in September.

1979 - Kalali Chemicals, Ltd., was amalgamated with the Company with
effect from 1st January.

1980 - 2,50,000 Shares allotted without payment in cash to members of Kalali Chemicals,
Ltd., on its merger.

1984 - 4,00,000 bonus shares issued in prop. 4:5. Arrears of Rs. 251.

1985 - The Company issued 1,25,000 - 15% non-convertible debentures of Rs 100
each (65,000 debentures of 'A' series and 60,000 debentures of 'B' series) on
private placement basis to UTI, redeemable in three equal instalments at the
end of 6th, 7th and 8th year from the date of allotment at a premium of 5%. Of
these, 65,000 of series 'A' was for working capital requirements and 60,000 of
series 'B' for modernisation purpose.

1987 - The company entered into collaboration with S & D Oil Technics B V Netherlands
for the supply of technical information & know how for the production of oil field
chemicals.

- The in-house R&D centre developed two new products, viz., 2 CPC and sulphatran
during the year.

1988 - The Company allotted 1,75,000 - 14% ('C' series) non-convertible debentures of
Rs 100 each on private placement basis to UTI, LIC, GIC, etc. These debentures are
to be redeemed in 5 equal instalments at a premium of Rs 5 per debenture at the end
of the 5th, 6th, 7th, 8th and 9th year from the date of allotment i.e. on 9th February, 1989.

- Transpek Marketing Ltd., is a subsidiary of the Company.

1989 - 7,20,000 Rights shares issued at par in prop. 4:5. Another 2,00,000 shares issued
at par to employees but only 1,91,800 shares taken up. The balance 8,200 shares
allowed to lapse.

1990 - The pilot plant of TMTD was commercialised. In addition it was proposed to
commercialise Trichloro Acetyle Chloride, an intermediate for chloropyriphose, a
new generation insecticide besides making investments in a rubber chemicals plant.

- The company set up a 1,500 TPA Chloro Acetyle Chloride plant for National
Petrochemical Company (NPC), a Government of Iran undertaking.

- 7,24,720 bonus shares issued in prop. 2:5 on 21.11.1990.

1991 - A plant for trichloro acetyl chloride was established.

1992 - 15,21,912 bonus shares issued in prop. 3:5. 10,14,608 Rights shares issued at
par for cash at a prem. of Rs 110 in prop. 2:5.

1993 - The Company commissioned the S03/oleum plant as backward integration plan and
also commissioned production of rubber chemicals viz., accelerations.

1994 - The Company signed an MOU for establishing facilities for one of its products. The
Company proposed to develop alternative technology for Thionyl Chloride and hydro
to improve upon the current process of manufacturing.

- The Company also proposed to develop special grade of existing products to cater
to a variety of application and to create additional market.

1995 - The Company undertook expansion of its capacity for Sodium Hydro Sulphite, Thionyl
Chloride and MBT.

1996 - The Company converted one of its sulphoxylate plants into a multipurpose plant in
order to satisfy increased requirements. The company achieved full capacity
utilisation in CAC plant.

- The Company undertook expansion of its capacities for manufacture of sulphoxylates,
chloro compounds and Accelerators.

- The company entered into a strategic alliance with MTZ (India) Ltd. and Metadust
(India) Ltd. and also contributed Rs 95 lakhs towards 50% equity of the Joint Venture
Company viz. Transpek Metals and Oxides Ltd.

2000 - Vadodara-based Transpek Industry, a Rs 174-crore chemicals company, has
entered into an agreement with Belgium-based Societe Industrielle Liogeoise des
Oxydes SA, to form a joint venture company by offloading stake in its subsidiary
Transpek Metals and Oxides.

2008

-Transpek Industry Ltd has appointed Shri. Ninad D Gupte as additional Director on the Board of Directors of the Company w.e.f. June 07, 2008.
 
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