LINK PHARMA CHEM Share price

LPCL incorporated as private limited company on December28 1984 as a small scale unit to manufacture 300 tpa ofThionyl Chloride (TC) which was increased to 1500 tpa in1989 to meet the growing demand. LPCL undertook a furtherexpansion programme in FY 1993 with assistance from SlDBIto increase TC capacity to 2100 tpa. The expansion schemecosting Rs.60 lakh was met by additional equity (Rs.8 lakh)unsecured loan (Rs.6 lakh) internal cash accural(Rs.6lakh) and rupee Term Loan from SIDBI (Rs.40 lakh). Afteravailing assistance from SlDBI themodemisation-cum-expansion scheme was completed by the endof FY 1993-94 and LPCL graduated to the medium scalesector.With effect from April 1 1994 the assets and liabilitiesof a partnership firm of the promoters viz. Plasticizersand Chemicals has been taken over by LPCL. The firm has aplant at plot no. 3811 GlDC Ankaleshwar for manufactureof 1080 tpa of CP.Consequently the equity capital of LPCL has increased byRs. 20.72 lakhs as against addition to gross block of Ps.41.40 lakhs Net Block (26.15 lakhs) Net Current Assets(Rs. 64.75 lakhs) and Loan funds (Ps.79.28 lakhs). Thebalance sheet of Plasticizers & Chemicals as on 31/03/94 isgiven below:MAIN OBJECTS OF THE COMPANYThe main objects of the Company as set out in the Memorandumand Articles of Association are detailed below:"To Manufacture Produce Pefine Process Formulate BuySale Export Import and deal in all types of heavy and lightChemicals Chemical equipment and compounds Chemicalscapable of being used in the pharmaceutical industry agriculturechemicals petro-chemicals industrial chemicals mineralsmethylated and rectified spirits colours coalter dyes dieintermediates raw materials pigments dyes paints syntheticpaints thinners varnishes synthetic resins enamels lacquersdistempers disinfectants oils wood and food preservativesprinting marking inks polishes of metal wood paper cryonspowders electroplating obrasine and it''s chemicals greasesvaselines creams glue gelentines."