History of Hindustan Organic Chemicals Ltd.

2002

-Rs.100 cr bond issue of Comp. receives poor reponse by mopping up just Rs.78cr.

-Jubiliant Organosys stops bidding for government stake in the company.

2003

-Government of India in the process of disinvesting its stake in the company.

-Centre approves Rs.300cr financial restructuring package to the company.

-Core group of secretaries on disinvestment clears the transaction documents for equity sell-off of company.

-Appoints Shri Ashok Chawla as part time Government Director of company.

2008

-Hindustan Organic Chemicals Ltd has appointed Shri. Mathew C Kunnumkal as parttime Government Director on HOCL Board w.e.f. September 28, 2007 i.e. from the date of 46th AGM of Company.