|Our Company was originally incorporated as Omkar Speciality Chemicals Private Limited on
February 24, 2005 and was registered with the Registrar of Companies, Maharashtra. It was
converted into a public limited company under the name Omkar Speciality Chemicals Limited
on March 18, 2010.
We took over the business of Omkar Chemicals, a proprietary concern (proprietor Mr. Pravin
Herlekar) in June, 2005. Omkar Chemicals was formed in the year 1983 with capacity of 6 MT
per annum for manufacture of molybdenum derivatives. At the time of takeover in June, 2005,
the installed capacity was 318 MT and the product range was cobalt, selenium & iodine
derivatives in addition to molybdenum derivatives. During the year 2006-07, our Company
expanded the total installed capacity to 325 MT which was further increased to 375 MT during
the year 2007-08. In March, 2009, we set up a new manufacturing facility at plot no. F-24,
MIDC, Badlapur (E), Thane, Maharashtra viz. Unit 2 with an installed capacity of 375 MT. With
the setting up of Unit 2, our total installed capacity increased to 750 MT. Our Company has
recently set up a new manufacturing facility at B-34, MIDC, Badlapur, Thane, Maharashtra viz.
Unit 3 with an installed capacity of 200 MT through internal accruals. The commercial
production at Unit 3 is likely to start in the month of March, 2011. With the set up of Unit 3, our
total installed capacity stands increased to 950 MT.
Pursuant to a Share Purchase Agreement dated May 14, 2010 between our Company and the
shareholders of Rishichem Research Limited, we have purchased 1078 Equity Shares of
Rishichem Research Limited thereby holding 99.82% and making it our wholly owned
Major events of our Company
Incorporation of Omkar Speciality Chemicals Private Limited
Took over the entire business (all assets and liabilities) of Omkar
Chemicals, a proprietary concern of Mr. Pravin Herlekar. The installed
capacity after the takeover stood at 318 MT
Installed capacity increased to 325 MT
Installed capacity increased to 375 MT
Commenced commercial production of Unit 2, located at F-24, MIDC,
Badlapur (E), Thane with an installed capacity of 375 MT
Construction activity started for Unit 3 with an installed capacity of 200
MT, the commercial production of which is likely to start in March, 2011
Converted into a public limited company
Rishichem Research Limited became our wholly owned Subsidiary
Received ISO-9001-2008 certification for our Unit 2 in respect of quality
-Omkar Speciality have recently set up a research center at Company's Unit No. IV
-Mrs. Swapnali S. Puranik has been appointed as Company Secretary and Compliance Officer of the Company
-Omkar Speciality have forayed into pharmaceutical business with its recent acquisition of LASA Laboratory Private Limited located at Mahad.
-Mr. Nirav Momaya has been appointed as Company Secretary and Compliance Officer of the Company
-Omkar Specialty Chemicals has acquired the rights of the plot no. W-93(A), admeasuring about 720 sq,mtrs situated at MIDC, Badlapur (East), Thane 421503, which earlier belonged to M/s Desh Chemicals Pvt Ltd.
-Omkar Speciality Chemicals has recommended a dividend of Rs. 1.50 (15%) per Equity Share of Rs. 10 each.
-Omkar Speciality Chemicals Ltd has "Commissioning of Company's New Facility at Chiplun".
-"Omkar Speciality Chemicals Ltd bags concrete indents worth Rs 100 crore".
-Chairman & Managing Director of OSCL has been honored at the hands of Mr. Devendra Fadnavis, Chief Minister of State of Maharashtra.
-Successful Commissioning of Expanded Capacity at Unit 1 in Badlapur.