Enter the first few characters of Company and click 'Go'

Panchsheel Organics Ltd. Company History and Annual Growth Details

The Company was Incorporated on 2nd August 1989 as PANCHSHEEL ORGANIC PRIVATE LIMITED with th Registrar of Companies, Madhya Pradesh at Gwalior. Subsequently the
company was converted into a Public Limited Company by a special resolution passed at the Extra Ordinary General Meeting of the Company held on 1st May 1992. A certificate to that effect has been obtained on 23rd June'92. The name of the Company was changed to PANCHSHEEL ORGANICS LIMITED on 30th May 1995 and Fresh Certificate of Incorporation
obtained from ROC, Madhya Pradesh at Gwallor.

The Company was promoted by Mr. Mahendra Turakhia and Mr. Kishore Turakhia, with the main object to manufacture and deal in Bulk Drugs and Drug Intermediates etc. The company acquired land at Plot No. B-6 & B-7, Sector-C, Industrial Area, Sanwer Road, Indore, and commenced commercial production in May, 1991 with the financial assistance of Rs. 55.00 lacs from Madhya Pradesh Financial Corporation.

2012
-Board recommends Dividend of @ 12.50%.

2013
-Board recommends Dividend of @20%.

2014
-Board recommends Dividend of @10%.

2021
-The Company has issued Bonus Shares in the Ratio of 1:1.

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