SANGINITA CHEMICALS Share price

The Company was incorporated as Sanginita Chemicals PPrivate Limited under the provision of the Companies Act 1956 vide certificate of incorporation dated December 15 2005 issued by the Asstt. Registrar of Companies Gujarat Dadra & Nagar Haveli. Consequent upon the conversion of the Company into public limited company the name of the Company was changed to Sanginita Chemicals Limited and fresh certificate of incorporation dated December 23 2016 was issued by the Registrar of Companies Ahmedabad Gujarat. The Corporate Identification Number of the Company is U24100GJ2005PLC047292. The Company has initially started production of Cuprous Chloride and Cupric Chloride at its factory situated at 3536/8 Near. GIDC Chhatral Dist- Gandhinagar (Unit I). Due to increase in the demand of products of the company in the year 2009 we have started Unit II to enhance the production capacity by installing additional machinery for which we had acquired plot admeasuring area of 11028 sq. meters situated at 1133 Near GIDC Phase-4 Chhatral Ta. Kalol Gandhinagar. The Company has got the consolidated consent order for 45 chemical products for producing 1500000 Kgs/Month vide GPCB consent no. GPCB/CCA/GNR-468/26535 dated December 3 2009 having validity upto January 9 2013. The company has received the amended consolidated consent order vide amended consent no. GPCB/ID16613/CCA-GNR-468/130303 dated November 9 2012 for producing the cuprous chloride from 100000 Kgs/month to 500000 kgs/month and additional consent for production of Ferric choloride (500000 KGS/month) Zinc Sulphate (1000000 KGS/month) and Manganese Sulphate (500000 KGS/month). In the year 2014-15 the Company has discontinued the operations of Unit I and sold the Land and Building of Unit I situated at Plot No. 3536/8 Near. GIDC Chhatral Dist- Gandhinagar and shifted all the plant and machinery to Unit II. In addition the Company also undertake the job work activity which contributes meager amount to the total revenue. At present we manufacture following three major products viz. Cuprous Chloride Copper Sulphate and Cupric Chloride having installed capacity of 6000000 Kgs/p.a. 5400000 Kgs./p.a and 350000 Kgs./P.a respectively which is used in dyes and pigment industries paint industries pharmaceuticals industries electroplating industries metal extraction industries and ink Carbon paper PVC pipe coating industries etc. Major EventsThe major events of the company since its incorporation in the particular financial year are as under:2004-05-The company was incorporated and commenced the business2016-17-Converted company from Private Limited into Public Limited.-Nominated among 5 Best Entrepreneurs of Gujarat and were felicitated by Chief Minister of Gujarat in the Vibrant Gujarat Global Summit 2017.