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Shree Hari Chemicals Export Ltd. Company History and Annual Growth Details

Shri Hari Chemicals Export Limited was incorporated in 1987 as a private limited company under the name of Shree Hari Chemicals India Private Limited. The company was converted into a public limited company and the name was changed to Shri Hari chemicals Exports Ltd. On 16th day of April, 1992 under the Companies Act, 1956. The works of the company is located at Mahad, Raigad District in the state of Maharashtra. The present installed capacity of the plant is 365 Tons PA for H Acid and Koch Acid. The company produced 253.69 tons of H Acis and 10.34 tons of Koch Acid during the year ended 31st March 1992 utilising 72.34% of installed capacity.

The company intends to expand its capacity to 1000 tons of H Acid and 140 tons of Koch Acid. The expansion unit will be located at the existing premises, however, to facilitate work, the company is negotiating to take over a plot by land admeasuring 4000 sq.mtrs.which is adjacent to the existing site, for material handling & effluent disposed. The cost of expansion has been estimated Rs 435 lakhs. The proposed expansion will increase the installed capacity to 1000 TPA for H Acid and 140 TPA for the Kotch Acid.

The company has been promoted by Shri B C Agarwal, Shri K C Ramuka, and Shri P Sharma all professionals.

2007

- Shree Hari Chemicals Board recommends dividend @ 10%.

2010

-Company has declared 10 % dividend on the share capital of the Company. (Rs. 1/- per share of the face value of Rs. 10/- each).

2011
-Shree Hari Chemicals Export Ltd has Recommendation for declaration of dividend @ 10 %.

2012
ShreeHariChm - Commencement of manufacturing activities

2014
-Shree Hari Chemicals Export Ltd has recommended a Dividend of 10% (Rs. 1/- per equity share of Rs. 10/- each).Â

2015

-Shree Hari Chemicals restarts manufacturing activities.

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