Neogen Chemicals Share price

The Company was incorporated as ‘Neogen Chemicals Private Limited’ on March 7 1989 at 404 Prasad Edalji Road Charai Thane – 400601 Thane Maharashtra as a private limited company under the Companies Act 1956 and received a certificate of incorporation from the ROC. Subsequently pursuant to a special resolution passed by the shareholders of the Company on May 2 1998 the Company was converted to a public limited company and the name of the Company was changed to ‘Neogen Chemicals Limited’ and a fresh certificate of incorporation dated July 2 1998 was issued to the Company by the ROC.Major events and milestones of the Company1989- Incorporation1991- Started operations with Lithium salts and organobromide1994- Increase in capacity1998- Conversion of the Company from a private limited company to a public limited company2000- Dedicated R&D Division was set up2001- Company started manufacturing advanced bromine compounds for advanced intermediates- Increased reactor capacity of the Mahape Facility from 6000 litres to 20000 litres2007- Increased reactor capacity of the Mahape Facility from 20000 litres to 30000 litres2012- Increased reactor capacity of the Mahape Facility from 30000 litres to 45000 litres2015- Acquired land in Dahej SEZ2016- Received certificate of recognition from the Directorate General of Foreign Trade as a ‘One Star Export House’- Achieved turnover of ?100 Crores- Acquired the manufacturing operations and some land from Solaris Chemtech Limited at Karakhadi Vadodara through a business transfer agreement- Acquired a stake in a partnership firm viz. Dhara Fine Chem Industries2017- Commenced manufacturing operations at the Vadodara FacilityAwards and Certifications2016- The Company received a Certificate of Recognition from the Directorate General of Foreign Trade as a ‘One Star Export House’ for a period of 5 years with effect from March 15 2016.- The Company received an ISO 9001:2008 certification for its manufacturing and supplying of API intermediates specialty chemicals agro chemicals and fine chemicals for the Mahape Facility from TuV SUD Management Service GmbH which is valid up to September 14 2018- The Company has received an ISO 9001:2015 ISO 14001:2015 and BS OHSAS 18001:2007 certifications from Bureau Veritas Certification Holding SAS for research development manufacturing and marketing of brominated specialty chemicals for the Karakhadi Vadodara Facility