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Indo Borax & Chemicals Ltd. Company History and Annual Growth Details

The Company was incorporated on the 23rd September 1980 under the name of Indo Borax and Chemicals Pvt. Ltd. and subsequently convelted into a Public Limited Company on 77th June 1984.

The Company has been promoted by Shri Sushil Kumar jain and Shri Suresh Chandra Agarwal.

The Company is presently manufacturing Borax and Boric Acid at its Existing unit at Asangaon in Maharashtra.

2007

- The Board of Directors have declared an interim dividend on equity shares @ 10% on face value of Rs 10/- each.

2008

- The Board of Directors have has recommend a final dividend of Rs 0.50 per equity share taking total dividend on equity shares to Rs 1.50 per shares.

2010

- The Board of Directors have recommended dividend of Rs 1.50 (One Rupee and Fifty Paise) per equity share of Rs 10 each.

2011

- The board of Directors have recommended dividend of Rs. 1.50 (One Rupee and Fifty Paisa) per equity share of Rs. 10/- each.

2013
-Indo Borax & Chemicals Ltd have recommended dividend of Rs. 1.50 (One Rupee and Fifty Paise) per equity share of Rs. 10/- each.

2015
-The production capacity expansion has been completed and the production is commenced.

2016
-Company has restarted production activity from Pithampur plant.

2021
-The Company has splits its face value from Rs. 10/- to Rs. 1/-.

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