Heubach Colorants India Ltd Share Price

Summary

Heubach Colorants India Limited (Formerly known Clariant Chemicals (India) Ltd) was incorporated in 1956 with technical and financial collaboration of Hoechst and Bayer AG and three Indian business groups -- the Ruias, the Khataus and Ghias. The Company manufactures and sells pigments, preparations, and dyes for use in the coatings, plastic, printing, non-impact printing (NIP), and special applications in home and personal care, agriculture, stationery, fibres, etc. sectors.In October 2000, 50.1% equity stake of the company held by Hoechest AG, Germany was transferred to EBITO Chemiebeteiligungen AG, Switzerland, a subsidiary of Clariant International AG, Switzerland and subsequently EBITO acquired 20% stake of the company in 2005. Now EBITO holds 70.1% Equity stake of the company.Subsequently to the merger of the Speciality Chemicals Division of Hoechst AG with Clariant AG in 1997, CCL has become a part of the global Clariant group. CCL has subsidiaries, Vanavil Dyes & Chemicals in Cuddalore, Tamil Nadu and Kundalika Investments Ltd.CCL is a leading manufacturer and merchant exporter of pigments, fine chemicals and leather chemicals and currently enjoys Trading House Status. The business structure of the Company now comprises of the following divisions :Life Science and Electronic Chemicals, Pigments and Additives, Textile, Leather and Paper Chemicals, Cellulose Ethers & Polymerisates, Functional Chemicals.During 2000-2001, the Reserve Bank of India approved the disinvestmen
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