Sundrex Oil Company Share price

Our Company was originally incorporated on May 08 2010 at Kolkata West Bengal as a Public Limited Company in the name and style of “Sundrex Oil Company Limited” under the provisions of the Companies Act 1956 vide Certificate of Incorporation bearing CIN: U23200WB2010PLC147053 issued by the Registrar of Companies Kolkata. TheMajor Events and Milestones:2010• Company incorporation: Sundrex Oil Co. Ltd. was founded marking the beginning of its journey in the lubricants industry.• Trial production: The company initiated trial production with a plant capacity of 3 KL per shift focusing on lubricants and greases.2011ISO 9001:2008 Certification: The company achieved ISO 9001:2008 certification for its Quality Management System (QMS) setting a solid foundation for operational standards and quality control.2012• Lubricating Oil Plant Commissioned: The company commissioned its lubricating oil plant with a production capacity of 14 KL per shift after conducting initial market tests. This was a major step towards scaling up operations.2013• Transformer Oil Plant: Sundrex expanded its product range by commissioning a transformer oil plant and obtaining BIS certification for its transformer oils establishing its credentials in the industrial oils sector.2014• Export Initiation: Sundrex began exports to Nepal and Bhutan marking its first international expansion and broadening its market base in the South Asian region.2015• First PSU Supply: The company achieved a significant milestone by making its first supply to one of major coal manufacturer a major public sector undertaking (PSU).• Bituminous Compounds Plant: Sundrex commissioned a bituminous compounds plant further diversifying its product offerings.2016• Lubricating Oil Capacity Expansion: The plant's lubricating oil capacity was expanded to 22 KL per shift to meet the growing market demand.• ISO 9001:2015 Certification: The company upgraded its ISO certification to ISO 9001:2015 ensuring adherence to global standards for quality management2017• Grease Plant Commissioned: Sundrex expanded its product range by commissioning a grease plant with a 3 MT per day capacity.• Base Oil Imports: To mitigate supply risks the company began importing base oils securing its supply chain for the future.2018• Contract Manufacturing: Our Company secured its first major contract manufacturing agreement with Indian major PSU marking a significant achievement in its contract manufacturing business.• Coolant and Brake Fluid Plant: The company commissioned a dedicated plant for coolant and brake fluid manufacturing to serve the automotive sector.• First RC with PSU: Sundrex secured its first RC (Rate Contract) with North Eastern Coalfield Ltd.• Bottling Line and White Oil Unit: Sundrex established a lubricant oil bottling line with a capacity of 15 bottles per minute (bpm) and a white oil manufacturing unit with a 24 KL per day capacity.• MoU with IIP Dehradun: Sundrex signed a MoU with IIP Dehradun for the development of lubricants.2019• Lubricant Oil Bottling Line Expansion: The company expanded its lubricant oil bottling line to a capacity of 45 bpm.• Grease Pouching Unit: Sundrex set up a grease pouching unit and signed its first MoU with one of biggest steel giant for contract manufacturing.2020• Lubricating Oil Plant Expansion: The lubricating oil plant capacity was expanded to 30 KL per shift to meet increased demand.• Grease Plant Expansion: The grease plant’s capacity was increased to 9 MT per day.• Automatic Pouching Line: Sundrex commissioned an automatic pouching line for lubricating oils to enhance packaging efficiency and reduce lead times.2021• White Oil Manufacturing Capacity Expansion: The white oil plant capacity was expanded to 48 KL per day to support the growing demand for high-quality white oils.• Advanced Filtration Machines: The company commissioned advanced filtration machines for lubricants enhancing the quality and performance of its products.2022• Filtration Machine Commissioning: Sundrex commissioned advanced filtration machines for its lubricants improving their quality and performance and meeting the higher standards of the industrial sector.2023• White Oil Capacity Expansion: The white oil plant capacity was further expanded to 80 KL per day.• Exports to Bangladesh: The company began exports to Bangladesh further strengthening its position in the South Asian market.• Ecolixir Greentech Pvt Ltd.: Sundrex incorporated a subsidiary Ecolixir Greentech Pvt Ltd. and started trial production to explore Extended Producer Responsibility (EPR) opportunities in line with new government guidelines2024• White Oil Capacity Expansion: The white oil manufacturing capacity was expanded to 100 KL per day allowing Sundrex to meet rising demand.• LLP-IP Grade Plant Approval: The company received site approval from the West Bengal Directorate of Drug Control for setting up a plant to produce LLP-IP grade products.• Acquisition of OPRS Enterprises Pvt Ltd.: Sundrex acquired OPRS Enterprises Pvt Ltd. expanding its sales channels and distribution network.• Ecolixir Greentech Pvt Ltd. Plant Commissioning: Sundrex commissioned the new plant at Ecolixir Greentech Pvt Ltd. to enhance capacity and be compliant with EPR norms.• Exports to Middle East: The company began exports to the Middle East marking its entry into a new global market with proprietary products.