The Company was incorporated on 26.11.86 under the name and style
of Pentokey Organy (India) Pvt Ltd and converted into a Public
Limited Company with effect from 10.9.90. The objects of the
Company are fully set out in the Memorandum of Association of the
Company. The company is implementing a project to manufacture
Acetaldehyde 4000T/annum. Acetic Acid 5000T/annum. Ethyl Acetate
2100T/annum and Butyl Acetate 1200T/annum with the financial
assistance from IDBI, IFCI and ICICI at a cost of Rs 1230 lacs at
Lote-Parshuram, Dist Ratnagiri in the State of Maharashtra. The
plant site being a declared backward area by the State Government
is eligible for incentives, Sales Tax and other benefits.
PROMOTERS
The Company has been promoted by Shri Rajendra V Shah having
experience in dealing in and manufacturing chemicals for over 14
years along with Shri Vijay M Porwal and Shri Kumar V Shah.
2009
--Registered Office of the Company has been shifted from Unit No. RCC/9, J K Industrial Estate, Mahakali Caves Road, Andheri-East, Mumbai-400093 to Yusuf Building, 20A, 2nd Floor, Fort, Mumbai- 400001
2012
--Registered Office of the Company has been shifted from Yusuf Building, 20A, 2nd Floor, M. G. Road, Fort, Mumbai - 400001 to Somaiya Bhavan, 45/47, M. G. Road, Fort, Mumbai - 400001
-Pentokey Organy has given the Bonus in the Ratio of 2:3.
2013
- The Board recommended the dividend @10% i.e. Re. 1/- per share on Equity shares of Rs. 10/- each.
|