AksharChem (India) Ltd Share Price

Summary

AksharChem (India) Limited (Formerly Known as Audichem (India) Limited) was promoted by Mrs. Paru M. Jaykrishna in 1989. Company changed the name to AksharChem (India) Limited from Audichem (India) Limited effective on March 23, 2004. The Company is headquartered in the chemical belt of Mehsana (Gujarat) with a total manufacturing capacity of 23,400 metric tonnes per annum (MTPA). Presently, the Company is principally engaged in the business of manufacturing & export of Dyes Pigments and Precipitated Silica.The Companys product fall into two categories organic chemicals and inorganic chemicals, which further diversified into Vinyl Sulphone, H Acid, CPC Green in organic chemicals and Precipitated Silica in inorganic chemicals. Out of which organic chemicals have multiple applications in textile, inks, plastics and paints industries and inorganic chemicals have applications in tyre, rubber, agrochemical and animal feed industries.During the year 2014-15, the Court approved Scheme of Arrangement through demerger and transfer of CPC Green Division of Asahi Songwon Colors Limited to the Company and consequential restructure of the Share Capital of Asahi Songwon Colors Limited dated November 29, 2014, which became effective from December 2, 2014. Consequent upon the Scheme, all the assets and liabilities of CPC Green Division of Asahi Songwon Colors Limited were transferred to the Company on the Appointed date i.e. April 1, 2014. Pursuant to Scheme of Arrangement in the nature of d
Read More