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CARYSIL LTD.

20 December 2024 | 12:00

Industry >> Ceramics/Tiles/Sanitaryware

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ISIN No INE482D01024 BSE Code / NSE Code 524091 / CARYSIL Book Value (Rs.) 124.69 Face Value 2.00
Bookclosure 24/09/2024 52Week High 1151 EPS 20.37 P/E 38.83
Market Cap. 2247.96 Cr. 52Week Low 721 P/BV / Div Yield (%) 6.34 / 0.25 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Acrysil India Ltd. was incorporated in the year 1987, the company is promoted by Mr. Parekh and Mr. M.F. Tamboli in collaboration with Shock & Co.Gmbh, Germany to manufacture Kitchen Sinks from acrylic/quarts composite quarts kitchen centres in India and it is marketed under the brand "Carysil". Company also produces Thermoplastic profiles for the Automobile industry. Company also has a joint venture with DU pont a American company for manufacture of Corian products. In 1992 implemented a low cost diversification project at it's existing plant at Kavetej village in Gujarat to manufacture Thermoplastic co-extruded profile, a 100% import substitute project. The company also produces decorative lighting shades, photo frames plastic doors and furniture edge profile, etc.

The company is also in the export market with it's Sinker being exported to France, the Gulf and South East Asian countries. As of now it is the Sole Supplier of co-extruded profiles to Maruti Udyog and plan to cover other automobile manufacture company come out with right issue in May 1992.

2002-Acrysil Ltd has informed that the Board of Directors at its meeting held on October 28, 2002 appointed Mr Chirag A Parekh as an Executive Director of the company with effect from November 2, 2002.

2009

--Registered Office of the Company has been shifted from "Old Kamani Chambers, 2nd Floor, 32, Ramjibhai Kamani Marg, Ballard Estate, Mumbai 400 001" to "704 Centre Point, J. B. Nagar, Andheri - Kurla Road (East), Mumbai - 400 059"

2012

-Acrysil Ltd has given the Bonus in the Ratio of 1:2

2013

-Board has recommended a dividend of 33% on Equity Shares of Rs. 10/- for the year 2013.

2014

-Board has recommended a dividend of 40% on Equity Shares of Rs. 10/- for the year 2014.

2019 -The Company has splits its face value from Rs. 10/- to Rs. 2/-.

2021 -Acrysil completes capacity expansion project in Bhavnagar, Gujarat.

2022 -Company name has changed to Carysil Ltd. from Acrysil Ltd.

2023 -Company announces the acquisition of 100% Membership interest of 'United Granite LLC' based in Virginia (USA).