Platinum Industries Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008 as “Platinum Industries LLP” on August 19, 2016, vide Certificate of Incorporation issued by Central Registration Centre, Registrar of Companies. Subsequently, our Company was converted into a private limited company under Companies Act with the name ‘Platinum Industries Private Limited’ pursuant to a certificate of incorporation dated July 09, 2020. Further, pursuant to resolutions passed by our Board of Directors at its meeting held on March 30, 2023 and by our Shareholders at the extra-ordinary general meeting held on March 31, 2023, our Company was converted into a public limited company. Consequently, our name was changed to ‘Platinum Industries Limited’ and a fresh certificate of incorporation dated June 02, 2023 was issued by the RoC. The Corporate Identity Number of our Company is U24299MH2020PLC341637.

Key events and milestones:

2016

-Incorporated as LLP and started the production of lead and non-lead based PVC Stabilizers

2018

-Started production of CPVC additives and lubricants

2019

-Set up of Research & Development center at Palghar, Maharashtra

2020

-Converted from LLP to Private Limited Company

-Started production of Hybrid (Low Lead) PVC stabilizers

-Established our subsidiary, Platinum Global Additives Private Limited

2021

-Started production of organic based stabilizers

2022

-Crossed consolidated turnover of ?1500.00 million

-Established our subsidiaries, Platinum Oleo Chemicals Private Limited and Platinum Stabilizers Egypt LLC

-Acquired land in Egypt for setting up for the Proposed Facility 2 (Egypt)

-Started manufacturing of Polyethylene waxes (PE waxes)

2023

-Crossed consolidated turnover of ?2300.00 million