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Indo Amines Ltd. Company History and Annual Growth Details

The Company was incorporated as a Public Limited Company on 17th December, 1992, in the State of Maharashtra. The Company had received a Certificate for Commencement of Business on 21st January, 1993 from the Registrar of Companies, Maharashtra.

The Company was promoted by joining of promoters of the TECHNO Group and UNIVERSAL Group. The promoters of the TECHNO Group are experienced in the field of manufactring Oleochemicals since 1982 and the promoters of the UNIVERSAL Group are in the business of marketing chemicals since 1971.

1994

-Techno Chemical Industries went Public to emerge as Indo Amines Ltd which has 2 manufacturing sites focusing on Fine & Specialty chemicals to become one of India’s leading Manufacturer in its kind.

1995

-The Company Started Baroda Factory.

1997

-The Company invested in New Technology.

2000

-The Company started exporting to 25 countries

2002

-The Company opened International Liason office in JAPAN for Japanese sales.

2003

-The Company's Research & Development took a major lead role, Continuous efforts were being made to bring in Product and Internationally recognized Quality standards.

2004

-The Company Started Performance Chemicals Division.

2005

-Indo Amines Ltd was awarded with ISO 9001 – 2000 Certification from TUV that has given it and its products global acceptance.

2006

-The Company Opened International office in the UK for European sales.

2007

-The Company Acquired Flame Pharmaceuticals & Sheeraj Chemicals & Started Bulk Drug & Intermediates Business Division

2009

-The Company crossed 35 countries exporting products worldwide.

- Indo Amines Ltd has appointed Dr. Deepak Kanekar as an additional Independent Non-Executive Director w.e.f. January 31, 2009.


2010

-The Company Implemented ERP System across All Locations Successfully.

2011

-The Company Invested in capacity expansion for speciality chemical plant to make it South Asia largest Plant.

-The Company has launched new products "Benzo" Formulation Toilet Cleaner.

-Registered Office of the Company has been shifted W-38/39, MIDC Phase II, Dombivali (E), Dist. Thane - 421 203 Maharashtra To W-44, MIDC Phase II, Dombivali (E), Dist. Thane - 421 203.

-The Company has proposed dividend @ 3% per Equity Share of Rs. 10/-

2012

-The Company acquired Versatile Chemicals, Producer of Oleo Chemicals.

-The Company Opened Liason office in China at Shanghai.

-The Company Opened International office in the Malaysia.

-The Company Invested into a new facility for Fine & Speciality chemicals to add to the growth story.

-The Company has recommended final dividend @10% per share.

2013

-The company appointed Mr. Rahul Palkar as a Compliance Officer cum Executive Director.

-The company appointed Mr. Sagar Parab as a Company Secretary.

-M/s. Versatile Chemicals Ltd amalgamated with M/s. Indo Amines Ltd.

-The company recommended issue of bonus shares to the equity shareholders & warrant holders of the Company in the ratio of 1:1
-Indo Amines has announces bonus in the ratio of 1:

2015
-Specialty & Agrochemicals America from Belmond Charleston Place, Charleston, South Carolina
-Chemspec Europ at Koelnmesse, Cologne, Germany
-nternational Agrochemical Exhibition (Egypt) Venue - Hotel Fairmont Heliopolis & Towers, Cairo Egypt.

2016
- Indo Amines Ltd, has acquired 100 per cent stake in Classic Oil Ltd.

2017
-Indo Amines bags entrepreneur award from Maharashtra Govt.

2019
-Acquisition of 60% equity shares of M/s Ashok Surfactants Private Limited by way of transfer from existing equity shareholders of M/s Ashok Surfactants Private Limited to the Company.

2022
-The Company has splits its face value from Rs. 10/- to Rs. 5/-.

2023
- The Board Of Director Of the company has given approval for scheme of Amalgamation of Pious Engineering Private Limited with Indo Amines Limited

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

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