The Comp. was established in 1976 as a partnership firm under the name Arvind Chemicals & was registered as a Joint Stock Comp. under Part IX of Companies Act, 1956 with effect from 20.03.1992 & the name of Comp. was changed to Arvind Chemicals Pvt limited & subsequently it was converted into a Public Limited Comp. on 16th December 1994..
Since 1976 the Comp. has been engaged in the manufacturing of chemicals such as Di Amyl Pthalate, Di Butyl Pthalate & Di Ethyl Pthalate. The promoter, who is in chemical business since about last 3 decades has decided to continue the manufacturing activity & also go in for chemical trading.
CURRENT BUSINESS
The Comp. is engaged in the manufacture of chemicals such as Di Amyl Pthalate, Di Butyl Pthalate & Di Ethyl Pthalate. To broadbase its field of activity the Comp. proposes to diversify in trading of chemicals i.e. Phenol, Formaldehyde, Polyol, TDI & Titanium Di Oxide.
From Annual Report 1996-97:
The actual performance is lower than projections because of fact that the international prices of Chemicals in which the Comp. intends to trade has been on the downtrend & the management has decided to start a new venture to improve its performance.
2007
-The Comp. has issued Bonus Shares in the Ratio of 2:1.