The company purchased a non-agricultural land admeasuring 5868 sq. mtrs along with construction thereon situated at Mouje, Vadodara for Rs 6 crore. It purchased agricultural land admeasuring 2125.00 sq. mtrs at Mouje, Vadodara for Rs 7.49 crore. It bought another agricultural land admeasuring 4075.00 sq. mtrs situated at Mouje in Vadodara for Rs 8.80 crore. These transactions of Purchase of properties are related party transactions. The sellers are Promoter/Promoter group member/Key Managerial Personnel of the Company, the company said in a statement. Gujarat-based Chemcon Speciality Chemicals manufactures specialised chemicals, such as Hexamethyldisilazane (HMDS), Chloromethyl Isopropyl Carbonate (CMIC), which are predominantly used in the pharmaceuticals industry. It also makes inorganic bromides, namely Calcium Bromide, Zinc Bromide and Sodium Bromide, which are predominantly used as completion fluids in the oilfields industry. Chemcon Speciality Chemicals net profit rose 89.9% to Rs 25.46 crore on 56.3% increase in net sales to Rs 89.41 crore in Q1 June 2022 over Q1 June 2021. Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.