Gujarat Metallic Coal & Coke Share price

The Company was established in 1976 as a partnershipfirm under the name Arvind Chemicals and was registeredas a Joint Stock Company under Part IX of the CompaniesAct 1956 with effect from 20.03.1992 and the name ofthe company was changed to Arvind Chemicals Pvt Ltd.and subsequently it was converted into a Public LimitedCompany on 16th December 1994.Since 1976 the company has been engaged in themanufacturing of chemicals such as Di Amyl Pthalate DiButyl Pthalate and Di Ethyl Pthalate. The promoter who isin chemical business since about last 3 decades has decidedto continue the manufacturing activity and also go in forchemical trading. ****3 end 2.MAIN OBJECTS OF THE COMPANY ...The main objects of the company as set out in itsMemorandum & Articles of Association are(1)To become vested with and continue the partnershipbusiness now being carried on under the name andstyle of ARVIND CHEMICALS including. all itsassets movable and immovable rights debts andliabilities and the rights and liabilities of the partieshereto in the said partnership business and inconnection therewith.(2)To carry. on the business of ManufacturersProcessors Distillers Refiners ImportersExporters Buyers Sellers Suppliers StockistsAgents Merchants Distributors of and Dealersin all kinds of Chemicals including plasticizersAcid slurry Resins Lacquers Thinners organicand Inorganic Fine and Heavy chemicals such assulphates Nitrates chlorides hydrates AcidsAlkalies their salts Alums polyesterspolycarbonate polysters epoxy resins pesticidesagricultural chemicals colouring materials suchas pigments dyes finishes insecticidesfumicides weedacides surface active agentsTanning agents coaltar and it''s by productspetro-chemicals and products based on petrochemicals terpentines gums adhesives waxesshellac products glycerine fatty Acids Dimeracids polyamines - and intermediaries RubberChemicals Reagents etc.(3)To carry on the business of Processors DistillersRefiners Importers Exporters Buyers SellersSuppliers Stockists Brokers and CommissionAgents Merchants Distributors of and Dealersin and all kinds of Minerals Metals Ferrous andnon-ferrous metals Oils and~Lubncants Petroleumproducts drugs medicines PharmaceuticalsPlastic and Rubber products Synthetic productsPhotographic goods and apparatus ForestProducts paper and Packing Materials and in allkinds of machinery raw materials and storesrequired in connection therewith.(4)To carry on business of Buyers sellers SuppliersTraders Importers Exporters Indentors BrokersAgents Assemblers Packers StockistsDistributors and Dealers of and in all kinds ofAgricultural producers Food Articles by-productsconsumer goods household goods hardwaresand stores Plant and Machineries Stores andSpare Parts and Accessories Generalmerchandise Zinc and Alloys Scraps Industrialand other gases Alcohol Wines and BeveragesEdible and Non-edible oils and fats CommercialNatural and man made fibres Textiles of allkinds all types of Yarn Cosmetic goods CementSteels Vehicles Vehicle parts Cycle and cycleparts automobiles parts machines partsIndustrial components and Accessories Electronicparts and devices watches Novelties Bullionprecious stones work of art antique curiosJewelleries and Ornaments and in all kinds ofMachinery Accessories and other things requiredY in connection therewith.*** 4 3. CURRENT BUSINESSThe Company is engaged in the manufacture of chemicals suchas Di Amyl Pthalate Di Butyl Pthalate and Di EthylPthalate. To broadbase its field of activity the companyproposes to diversify in trading of chemicals i.e. PhenolFormaldehyde Polyol TDI and Titanium Di Oxide.With the thrust of government on development ofinfrastructure demand for goods such as adhesivesdecorative laminates plywood paints mattress etc. willincrease. And all the chemicals in which trading activityis proposed are related to the above products. With theexperience of promoter and looking at above factors thecompany proposes to diversify in the trading activity toget benefit of above. Changes in goverments import exportpolicy and adverse fluctuation in foreign exchange mayaffect the profitabifity of the company. The performance ofthe company will also depend upon the performance ofsuppliers from which the company proposes to procurechemicals. p