KIRI INDUSTRIES Share price

The Company was incorporated on May 14 1998 as Kiri Dyes and Chemicals Private Limited at Ahmedabad Gujarat under the Companies Act 1956 and was converted into a Public Limited company vide fresh certificate of incorporation dated May 32006 issued by the Registrar of Companies Gujarat Dadra and Nagar Haveli located at Ahmedabad. The Corporate IdentityNumber of the Company is U24231GJ1998PLC034094.The Company is engaged in the business of manufacturing of reactive dyes which are called synthetic organic dyes used for cotton fabrics like garments dress materials bed-sheets carpets etc. The dyes are of basically colours like black blue red orange yellow and numerous variants of these basic colours is identified by color index number internationally. The Companyalso manufactures dye intermediates that are used in the manufacture of dyes. The existing products manufactured by thecompany are as follows:Synthetic Organic Dyes (S. O. Dyes)Dyes Intermediates: Vinyl SulphoneDyes Intermediates: H-AcidThe product range of the Company comprises of more than 120 dyestuffs used by textiles leather paint and printing-ink industries with total production capacity of 10800 MT per annum. The Company supplies reactive acid and direct dyes as well as dye-intermediates in various forms like standardized spray dried/tray dried - powder/granular crude and reverse osmosis.The manufacturing facilities of the company are located at Ahmedabad and Padra Taluka near Vadodara. The Company is intends to expand by backward Integration and in this regard has already commenced manufacturing of Vinyl Sulphone in April2006 and H-Acid from March 2007 that gives it a presence in Dye Intermediates business. The Company through the proposed project on Sulphiric Acid intends to further integratebackwards and emerge as a dominant player in Chemicals.Major EventsYear Major Events1998 Incorporation of Kiri Dyes and Chemicals Private Limited1999 Started export to USA and Taiwan2000 Awarded by CHEMEXCIL for outstanding export performance in the year 1998-1999.2001 Awarded by CHEMEXCIL for outstanding export performance for the year 1999-2000.Trophy awarded by Gujarat Dyestuffs Manufactures Association for export performance of more than Rs. 600 Lakhs for direct export of self manufactured dyes & dye intermediates during 1990-2000. 2002 Received First Award for the highest exports of chemicals from small scale industry by CHEMEXCIL for the year2000-2001.Obtained permission confirming eligibility of Kiri Dyes and Chemicals Ltd. to become 100% Export Oriented Unit from Kandla Special Economic Zone. Awarded by Gujarat Dyestuff Manufacturers Association as Second award for direct export of self manufactured dyes in the year 2000-2001.2003 Received prestigious Platinum Award from CHEMEXCIL for outstanding performance during the year 2002 2003.The Company became Government Recognized Trading House.2004 Recognized as a Two Star Export House.Obtained Environmental Clearance Certificate from the Ministry of Environment and Forest for further expansion.Conversion of manufacturing unit into 100% Export Oriented Unit.2005 Started strategic backward integration project at Padra Dist. Vadodara.Silver Jubilee awarded by Export Credit Guarantee Corporation of India Govt. of India2006 Awarded by Clariant (India) Ltd. as A class vender for outstanding performance as a Business Partner Sourcing and its contribution in the growth of Clariant (India) LimitedCommercial production of backward integration project with respect to Vinyl Sulphone started at Padra Dist.Vadodara.KIRI DYES AND CHEMICALS LIMITED2007 Awarded ISO 9001:2000 a certificate for quality management system by ISOQAR for manufacture and supply of reactive dyes for its Unit located at Vatva Ahmedabad.Awarded ISO 9001:2000 a certificate for quality management system by ISOQAR for manufacture and supply of dyes intermediates for its Unit located at Village Dudhwada Padra Vadodara.Awarded ISO 14001:2004 a certificate for Environmental Management Systemby ISOQAR for manufacture and supply of dye intermediates for its Unit located at Village Dudhwada Padra Vadodara.Commencement of Commercial Production of H-Acid Awarded Trishul Award for the outstanding export performance in small scale sector during the year 2004-05 onOctober 08 2007.