History of AksharChem [Indias] Ltd.

The Comp. was incorporated on July 4, 1989 under the Companies Act, 1956, as a private limited Comp. under the name Audichem India Pvt limited It was converted into a public Comp. on February 15, 1994. The Comp. has established a consistent track record of growth in sales & profitability over the past several years. The company sales turnover has steadily increased from Rs.268.61 lakhs for year ending March 1992 to Rs.288.55 lakhs for year ending March 1993 to Rs.253.36 lakhs for year ending December 1993 [9 monthss].

The Comp. is extensively involved in the manufacture of Vinyl Sulphone Parabase - a dye intermediate which has very good export potential & is used a raw material in the manufacture of reactive dyedstuff.

The company plant at Gujarat has high technology equipment for manufacturing export quality Vinyl Sulphone Parabase. The Comp. has already established an international presence with its product being exported to the world renowned Hoechst A.G. of Germany, U.S.A., England, Thailand & Argentina. The Comp. has been a net foreign currency earner. In recognition of its performance/achievements, the Comp. has been conferred the prestigious 'International Gold Star' award for `Excellence in Corporate Image & Quality' by Business Initiatives Directions in Spain. The 'International Gold Star' is presently being used in 92 countries. Business Initiatives Directions has been in the field of Business Image since the past 29 years.