Sadhana Nitro Chem Limited was incorporated on 21st July, 1973. The Company is engaged in manufacturing of chemical intermediates, heavy organic chemicals and performance chemicals and wireless network equipment and services. The company has set up a plant for manufacturing meta amino phenol (MAP) with a capacity of 500 tpa with technical know-how from Biazzi, Switzerland.The company went public in Aug. 93 with a issue of 3.98 lac equity shares of Rs 10 each, aggregating Rs 199.06 lac, to part-finance its diversification project for the manufacture of meta amino phenol (MAP) with the technical know-how from Biazzi, Switzerland.It has a well-knit market network in countries like the UK the US, Europe, Japan, Korea, and South-East Asian countries. The company diversified into the manufacture of downstream products, viz, metanilic acid and sodium meta nitrobenzene sulphonate. The company also purchased 100% shares in the share capital of Anuchem BVBA, Belgium which has, with effect from 1st April, 1998 became a wholly owned foreign subsidiary of the company.During 1998-99, the company has been granted status of Golden Export House by Directorate General of Foreign Trade, Ministry of Commerce, Government of India. The company exports constitute more than 76% of the overall sales. The company had obtained ISO-9002 for its quality system from Bureau of Indian Standard during 1999-2000. The company has allotted bonus shares in the ratio of 2:5 in 2002-03. The shares allotted were 5,84,414 equity shares.During year 2010, Company converted one of its furnace oil based boiler to Bagasse based boiler.During 2014-15, M/s. Anuchem Pte. Ltd., Singapore ceased to be the wholly owned subsidiary of Company.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.