DYNEMIC PRODUCTS Share price

The Company was incorporated on 14th June 1990 as Private Limited Company. The name was subsequently changed to Dynemic Products Ltd. on 31/12/1992 and fresh certificate of incorporation dated 28th day of January 1993 was receivedconsequent to the change of name.The registered office of the company is situated at B-301 Satyamev Complex-1 Opp: New Gujarat High Court S.G. Highway Sola Ahmedabad-380 060. The said premises are owned by the Company.At the time of incorporation the registered office of the company was at 18 Harshad Chambers Ajod Dairy Road Rakhial Ahmedabad which was then shifted to 103 Himadri Office Complex Near Toran Dinning Hall Opp: Sales India Ashram Road Ahmedabad-380 009 w.e.f. 31-12-1992 and thereafterw.e.f. 6-11-2003. Thereafter the registered office of the Company has been shifted to B-301 Satyamev Complex-1 opp New Gujarat High Court S.G Highway Sola Ahmedabad -380060.The company was promoted with the objective of carrying on the business of manufacturing S.P.C.P. the raw material for Food Color Reactive & Ramazole Dyes. The company has acquired on lease the plot no. 6401 in GIDC Estate at Ankleshwaradmeasuring 1888 Sq. Meter for this purpose. In the year 1997 the company acquired on lease additional plot no. 6415 & 6416 in GIDC Estate both admeasuring 1888 Sq. Meter.In the year 2000 the company acquire the running business of M/s Saffron Dye Stuff Industries & started manufacturing wide range of food colours at the premises 3709/6 G.I.D.C Estate Ankleshwar having plot area admeasuring 3700 Sq. Meter. As the company aims to provide entire range of qualitative & quantitative services to Food Industry at its Unit I The Company commenced manufacturing of food colour namely Tartrazine in the year 2000-01.Both the units at Ankleshwar are Ultra modern and have eco friendly plants with in-house testing facilities to control quality at every level of manufacturingThe Company gained goodwill in the short span of time due to its quality Product. The Company has a well equipped state of art in house laboratory which conduct test of every parameter of food colour & Dye Intermediates laid down under national & international authorities.The Company exports its product to around 41 countries worldwide. Also the Company has registered its office in USA and expects to capture good market in American continent. All these has led the company to acquire and retain a status of largest manufacturer and supplier of food colours and dye intermediates in India .MAJOR EVENTS:1990 Incorporation of the company as a private limited company1993 Conversion of company as a public limited company1999 Started its export sales. Obtained the export order from PT Dyestar-Indonesia2000 Acquired the business of M/s Saffron Dye Stuff Industries.2001 Obtained ISO 9002.certification. Unit I of the company at Ankleshwar obtained 14001:2004 certificate of registration The Company issued Bonus share in proportion of 2:1 out of its reserves. 2002 Unit II of the company at Ankleshwar obtained 14001:1996 certificate of registration. The Company won the Second Award for Indirect Export of Self Manufactured Dyes for the year 2001-02 by Gujarat Dyestuffs Manufacturers' Association.2003 The company has obtained HAACP Code : 2003 certificate of registration. The Company won the Second Award for Indirect Export of Self Manufactured Dyes for the year 2002-03 by Gujarat Dyestuffs Manufacturers' Association. The company was awarded with trophy for export performance between 4.00 Crore to 6.00 Crore for Self Manufactured Direct Export of Dyes & intermediates in the year 2002-03 by Gujarat Dyestuffs Manufacturers' Association. The company was awarded with trophy for export performance of more than Rs. 8.00 Crore for Self Manufactured Indirect Export of Dyes & intermediates for the year 2002-03 by Gujarat Dyestuffs Manufacturers' Association.2004 Obtained ISO 9001:2000 certification Crossed annual turnover of Rs. 2500 Lacs. The Company issue a Bonus share in proportion of 1:1 out of its reserves 2005 Obtained Kosher Certification for the "Synthetic Food Colours". Both the units of the Company got the status of Export Oriented Unit. Obtained the status of One Star Export House