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Company Information

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GALAXY SURFACTANTS LTD.

17 April 2025 | 12:00

Industry >> Chemicals - Speciality

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ISIN No INE600K01018 BSE Code / NSE Code 540935 / GALAXYSURF Book Value (Rs.) 640.20 Face Value 10.00
Bookclosure 20/03/2025 52Week High 3370 EPS 85.03 P/E 25.85
Market Cap. 7791.89 Cr. 52Week Low 2021 P/BV / Div Yield (%) 3.43 / 1.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as "Galaxy Surfactants Private Limited", under the provisions of the Companies Act, 1956, vide Certificate of Incorporation dated May 20, 1986, issued by the RoC. Subsequently, pursuant to a resolution passed at the meeting of the Board of Directors held on December 12, 1994, and a special resolution of the shareholders of the Company at the EGM held on January 24, 1995, the Company was converted into a public limited company and the name of the Company was changed from "Galaxy Surfactants Private Limited" to "Galaxy Surfactants Limited" and a certificate for change of name was issued by the RoC on March 13, 1995. The CIN of the Company is U39877MH1986PLC039877.

Major events and milestones

1986

- Incorporation of the Company

1995

- Acquisition of M/s. Galaxy Chemicals

1995

- Conversion of the Company from private to public company

- Amalgamation of GOPL with the Company

1997

- Sulfonation plant set up at Taloja

1999

- Launch of first international office in Bangkok, Thailand

2001

- Amalgamation of GOIL with the Company

2003

- Galaxy Chemicals Inc. became the Subsidiary

2004

- Setting up of EOU at Taloja

2008

- Galaxy Holdings (Mauritius) Limited became the Subsidiary

2009

- Galaxy Chemicals Egypt S.A.E. became the step down Subsidiary

- Rainbow Holdings GmbH became the step down Subsidiary

- A joint venture was formed in June 2009 by Dr. Gerd Dahms, Mr. Sebestian Dahms, Dr. Andreas Jung and Rainbow Holdings GmbH acquiring shares of OTC GmbH and Tri-K Industries Inc.

- Tri-K Industries Inc. became the Step down Subsidiary

- Maybrook became the step down Subsidiary

2010

- Share purchase and transfer and settlement agreement was executed by and between Mr. Gerd Dahms, Mr. Sebestian Dahms, Dr. Andreas Jung, OTC GmbH, Deutsche Immo Invest GmbH, Rainbow Holdings GmbH, the Company, Galaxy Holdings (Mauritius) Limited, and Tri-K Industries Inc. in order to terminate the joint venture and settle the mutual claims and obligations incurred during the term of the joint venture

2012

- Merger of subsidiary Maybrook Inc. with TRI-K Industries Inc.

- Commencement of production at Galaxy chemicals Egypt S.A.E.

- Commencement of production at Jhagadia Plant

2014

- Purchase of business of Surfactants International LLC by the subsidiary TRI-K Industries Inc.

2016

- Expansion at Jhagadia Plant for setting up of capacity for Mild Surfactants

Awards and Accreditations

2001

- The Company was certified as "Approved Supplier" of Sodium Lauryl Ether Sulphate by Hindustan Unilever Limited and has been assessed and found to be in accordance to the quality requirement as per Hindustan Lever Limited standards for the unit situated at Tarapur.

2003

- The Company was accorded with "Fully Certified Preferred Supplier" of Sodium Lauryl Sulphate by Colgate - Palmolive (India) Limited.

- The Company was accorded "TPM Excellence - First Category" by Japan Institute of Plant Maintenance, Japan, for the unit situated at Taloja.

2008

- The Company was accorded "TPM Achievement" by Japan Institute of Plant Maintenance, Japan, for the unit situated at Taloja and Tarapur.

- The Company was accorded "Special Award for TPM Achievement" by Japan Institute of Plant Maintenance, for units situated at Taloja and Tarapur.

- The Company was accorded "Certificate of Merit 2008 - Manufacturing Category" in the IMC Ramkrishna Bajaj National Quality Award 2008.

2009

- The Company was accorded a "Certificate of Appreciation" from L'Oreal India for outstanding performance based on L'Oreal evaluation tool.

- The Company was accorded "Certificate of Appreciation" for the unit situated at Taloja, for presentation in the competition organised on Best HR Practices by National Institute of Personnel Management, Raigad.

2010

- The Company was accorded "Gold Certificate of Merit" at the Economic Times India Manufacturing Excellence Awards 2010 for the unit situated at Taloja.

2011

- The Company was accorded "Certificate of Appreciation" in occupational safety and health by National Safety Council of India for the plant at Taloja.

2012

- The Company was accorded "Gold Award" by CHEMEXCIL - Castor Oil and Specialty Chemicals Panel for export performance in large scale sector.

- The Company was accorded "Award of Global Performance" for L'Oreal Asia Pacific 2012.

- The Company was accorded "Winning through Innovation" at the Partner to Win, 2012 Awards by Unilever.

2013

- The Company was accorded "Trishul Award" for Outstanding Export Performance of Castor Oil & Speciality Chemicals" during 2012 by CHEMEXCIL.

2014

- The Company was accorded "Certificate of Recognition" by Colgate Palmolive (India) Limited for the valuable association with them as a business partner.

- The Company was accorded permission to use "Responsible Care" Logo by the Indian Chemical Council for the period starting from October 2014 to September 2017.

- The Company was accorded "Innovation Award" for Green Catalyst and Sustainability at the Partner to Win, 2014 Awards by Unilever.

2015

- The Company was accorded "Best Supply Partner" by Hindustan Unilever Limited.

- The Company was accorded "Certificate of Participation" in Gujarat Cleaner Production Award 2014-2015 in recognition of exemplary application of the cleaner production implementation carried out during the year 2014-2015 in large scale sector by Government of Gujarat.

2016

- The Company was accorded "Gold Award" by CHEMEXCIL - Castor Oil and Specialty Chemicals Panel for export performance in large scale sector for the years 2011-2012, 2012-2013 and 2015-2016

- The Company was accorded "CSR Leadership Award" by National CSR Leadership Congress & Awards.

- The Company was accorded "Gold Recognition Level" based on the EcoVadis CSR rating.

- The Company was accorded "Certificate of Recognition for Conducting LCA (Lifecycle Assessment) Study in Surfactants Sector in India using GaBi Software" by Thinkstep.

- The Company was accorded "Five-S Workplace Management System in all Departments" for the plant at Jhagadia.

2016

- the Subsidiary, TRI-K Industries Inc. was accorded "Runner-up" at the Sustainable Beauty Awards 2016.

2017

- The Company was accorded "Silver Medal" in India Green Manufacturing Challenge 2016 for the Jhagadia unit.

- The Company was accorded value award "Excellence" by Dabur - at Samyuj 2017.

- The Company was accorded "Certificate of Excellence" by Marico Limited.

- The Company was accorded "Great Place to Work" for the Fiscal 2017-2018 by the Great Place to Workr Institute.

- The Company was accorded "ISO 14064 - 1: 2006" from Bureau Veritas (India) Private Limited

- The Company was accorded "ISO 22716: 2007" from Bureau Veritas (India) Private Limited for the plant located at Taloja.

- The Company was accorded "Certificate of Appreciation" from ITC for the valuable association with ITC as a business partner in the personal care products business.

- The Company was accorded "ISO 14001:2015" and "BS OHSAS 18001:2007" from Bureau Veritas Certification Holding SAS for the plant located at Taloja.

2018

-The company informed that it has bagged 'Best Process Innovation' Award at ICIS Innovation Awards 2018 held in London.

2021

- The Company has said that 'Golden Peacock Eco-Innovation Award - 2021' bagged by the Company for Green process of manufacturing 'non-toxic' antimicrobials/preservatives.

2022 -Galaxy Surfactants Ltd, one of the largest manufacturers of performance surfactants and Specialty Care Products in the country has achieved the status of being a waterpositive company.