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Company Information

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ACCENT MICROCELL LTD.

04 December 2024 | 01:37

Industry >> Pharmaceuticals

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ISIN No INE0Q5D01013 BSE Code / NSE Code / Book Value (Rs.) 77.86 Face Value 10.00
Bookclosure 09/09/2024 52Week High 364 EPS 14.34 P/E 17.94
Market Cap. 541.33 Cr. 52Week Low 224 P/BV / Div Yield (%) 3.30 / 0.00 Market Lot 500.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated on April 10, 2012 as a Private Limited Company as "Accent Microcell Private Limited" vide Registration No. 069799 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Pursuant to a special resolution passed by the Shareholders at their Extra ordinary General Meeting held on December 05, 2022, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to `Accent Microcell Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on December 23, 2022 by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of our Company is U24230GJ2012PLC069799.

KEY EVENTS AND MILESTONES:

2012
Incorporation of our Company as a Private Limited Company with the name of "Accent Microcell Private Limited" vision with a focus of expansion on a global platform along with value addition to healthcare and life.

2012 
Executed slump sale agreement between our company and M/s Accent Microcell Industries, previously run by our Promoters since 2002 by acquiring all the Assets and Liabilities of M/s Accent Microcell Industries.

This acquisition not only provided us with the valuable experience of our promoters in the pharmaceuticals industry but has also brought several advantages, including:
 Access to a fully operational production Unit i.e., Unit-I (Pirana) which was used for manufacturing of variety of excipients such as Cross Carmellose Sodium (CCS), Magnesium
stearate (MS), Microcrystalline Cellulose (MCC).
 Additionally, Unit-1 was well equipped for the production of both Non-spray Dryer and spray dryer products.
 Certification for ISO 9001
 This Acquisition brought the advantage of an existing global presence in countries like Bangkok, Australia, Germany.
 Benefitted with upgraded technology i.e., Agitated Nutsche filter which helps our company in giving a better-quality product as per global customer requirement.
 Acquired an in-house microbial lab adhering to International Standards.
 Possession of GMP certificates which help in target giants Pharma players in the industry.

2013 
Set up new plant i.e., Unit II (Dahej -SEZ) to cater the global customer cost competitiveness.

2014 
Install Metal detector at Dahej Plant with a view to capture heavy metal impurities in the finished products.

2015 
Started to work on annual agreements or on contract basis oversees. Major countries covered were USA, EU regions, Australia, Indonesia

2016 
Certified by FSSC-22000

2017
 Introduced new Products Accel 591, Accel 581, Accel S
 Installed new Spray dryer at Dahej Unit-II
 Maccel, Acrocell, RC

2022 
Converted to Public Limited Company - consequently, the name of our Company was changed to `Accent Microcell Limited'