AMBANI ORGOCHEM Share price

The Company was incorporated as Speciality Coatings Private Limited on July 08 1985 in the State of Maharashtra as a private limited company under the Companies Act 1956 bearing Registration Number 36774. The name of the Company was changed to Ambani Organics Private Limited vide a special resolution passed on July 08 1987. A fresh certificate of incorporation subsequent to the name change was issued on December 08 1987 by the Registrar of Companies Mumbai. The status of the Company was changed to a public limited company and the name of the Company was changed to Ambani Organics Limited by a special resolution passed on December 30 2017. A fresh certificate of incorporation consequent to the conversion of was granted to the Company on March 07 2018 by the Registrar of Companies Mumbai and the latest Corporate Identification Number is U31500MH2004PLC145760.MAJOR EVENTS AND MILESTONES1985- Incorporated under Companies Act 1956 as “Specialty Coatings Private Limited”1987- Change of name from “Specialty Coatings Private Limited” to “Ambani Organics Private Limited”1996- Change in Management - the Promoter Mr. Rakesh Shah joined the Company as a Promoter Director.1998- Started Product Line for Packaging Industry Increased production Capacity from 20 tonne to 60 tonne per month.2002- Started Product Line for Paper Industry increased production capacity to 300 tonnes from 60 tonne per month.2010- Stared Product Line for Paint and Construction Industry increased production capacity to 700 tonne from 300 tonne per month.2013- Acquired new Corporate Office at “351-ICON” Andheri (East) and started Research and Development Facility at Unit No 8 24B Parsi Panchayat Rd. Opp Subway W.E. Highway Pump House Andheri Mumbai – 400069.2015- A major fire broke out at the Company’s insured Registered Office cum Manufacturing Unit located at Plot No. N-44 MIDC Tarapur Boisar Maharashtra 401 506 on February 25 2015. In the same year new Building Plant and Machinery were installed.2016- The Company received GOTS (Global Organics Textile Standards) Certification for a range of Products in Textiles Industries Acquired controlling stake in Omega Mills Private Limited making it the Subsidiary.- The Company received “ISO 9001:2015 – Quality Management System” by Quality Research Organisation (QRO Certification Agency).2017- The Indian Achievers’ Forum awarded the Promoter Mr. Rakesh Shah the Indian Achievers’ Award for Industrial Development during the National Seminar on “Make in India: Prospects and Opportunities”.2018- Acquired controlling stake in Om Maruti Glasswool and Wirenetting Product Private Limited and diversified production to Metal Octoate to increase product range in paint industry.- Shifted the Research and Development Facility from Andheri Mumbai – 400069 to N-43 MIDC Tarapur.- The Company was given a certificate of membership – for being a member in good standing of Indian Paint and Coating Association on January 01 2018.- The Company as converted to a Public Company and proposed listing of the shares on the EMERGE Platform of the National Stock Exchange.