News of Speciality Chemicals in Gujarat

Bodal Chemicals completes office building acquisition at Ahmedabad

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India, Bodal Chemicals Ltd said of having completed acquisition for office building at Ahmedabad. As per the approval of the Board of Directors in their meeting held on 14th August, 2018 to acquire Office Building at Ahmedabad, we wish to

GNFC warns against “unauthorized suspicious” investor communication

BHARUCH | MUMBAI | RAJKOT – In a company statement submitted to the Indian Bourses on Tuesday, August 21, 2018 Bharuch headquartered Gujarat Narmada Valley Fertilizers & Chemicals has warned the investors to stay away from Bangaluru based advertisement making rounds to buy GNFC shares in physical mode priced at 315 rupees per share. It

Meghmani Organic proposes to merge Finechem and Agrochem subsidiaries

AHMEDABAD | MUMBAI | RAJKOT – Meghmani Organics Ltd has informed the stock exchanges in India on Friday, August 17, 2018 regarding proposed amalgamation of Meghamani Finechem Ltd – a subsidiary company and Meghmani Agrochemicals Pvt Ltd, a wholly owned subsidiary company. The proposed amalgamation is subject to the approval of National Company Law Tribunal,

Singapore Court directs Kiri Ind to file affidavit in response to Senda’s petition

SINGAPORE | AHMEDABAD | MUMBAI | RAJKOT – In the minority stakeholder oppression case Ahmedabad headquartered Kiri Industries Ltd will have to file affidavit on August 23, 2018 – Thursday, as directed by the Singapore Court, the company said in regulatory update submitted to the stock exchanges in India on August 16, 2018 – Thursday.

Singapore Court Ruling in favor of Kiri Industries challenged by Senda International

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges in India on Thursday Kiri Industries Ltd., said of one of the petitioner having filed appeal against the ruling of Singapore International Commercial Court in the minority stakeholder oppression law-suit, which was ruled in favor of the company. “We would like to

GSFC to get 6.93-bllion-rupee subsidy dues

VADODARA (BARODA) | MUMBAI | RAJKOT – Gujarat State Fertilizers & Chemicals (GSFC) Ltd will get its four years 6.93-billion- rupee subsidy dues cleared soon, the company said in regulatory filing submitted to the India Bourses today. The Department of Fertilizers (DoF) in co-ordination with Fertilizer Industry Coordination Committee (FICC) had agreed to examine the

FRESH PIX & VIDEOS | Fire at Ghadi Detergent’s Kuranga (DWARKA) plant controlled after 3hrs, no casualty, reason for fire yet unknown!

KARUNGA | DWARKA | RAJKOT – Major fire incident reported at Ghadi Detergent’s Kuranga plant located near Dwarka in Devbhoomi Dwarka Khambhalia District has been controlled, company officials told DATELINE GUJARAT. Local journalist from Surajkaradi Mithapur – Budhabha Bhati first reported the incident of fire at Ghadi Detergent’s plant to DATELINE GUJARAT. No casualties have

Kiri Industries stock skyrockets up 20%, Singapore Court rules in favor of Kiri Industries in minority stakeholder opression suit

AHMEDABAD | MUMBAI | RAJKOT – Ahmedabad headquartered Kiri Industries Ltd said today in the filing submitted to the Exchanges in India, of Singapore International Commercial Court having ruled in favor of Kiri Industries Ltd and its promoters, in the minority stakeholder oppression law-suit and allied legal cases. The Singapore International Commercial Court served judgement

Clariant Chem shuts its Vadodara (Nandesari) Unit, NSE seeks clarification from the company

VADODARA (BARODA) | MUMBAI | RAJKOT – Indian Bourse National Stock Exchange (NSE) has sought clarification from the company citing reason for the closure of the Nandesari (Vadodara) unit of the company, the exchange sought clarification from the company on Monday late in evening. Clariant Chemicals (India) Ltd today said in a regulatory filing submitted

CARE assigns Stable ratings to Fairchem Speciality (formerly ADI FINECHEM) for short-term & long-term bank borrowings

SANAND | AHMEDABAD | MUMBAI | RAJKOT – Credit Analysis & Research (CARE) Ltd has assigned stable rating to Fairchem Speciality Ltd (formerly Adi Finechem Ltd) for short-term and long-term bank borrowing facilities, the company said in filing submitted to the exchanges in India. To avail short-term bank borrowing facility CARE has assigned CARE A

Atul Ltd appoints B S Mehta as Independent Director

ATUL | AHMEDABAD | MUMBAI | RAJKOT – South Gujarat (Atul) based Specialty Chemicals manufacturer Atul Ltd in a filing said of appointing B S Mehta as Non-Executive and Independent Director of the company with an objective to strengthen the board. Board of Directors appointed B S Mehta, Non-executive Director of the Company, as an

EXCLUSIVE FIRST NEWS BREAK ON DATELINE GUJARAT : Arvind Ltd inks pact with Italian co to manufacture ‘Smart’ Jeans

  LOMAZZO (ITALY) | AHMEDABAD | RAJKOT (INDIA) – Directa Plus plc, a leading producer and supplier of graphene-based products for use in consumer and industrial markets, has entered into an exclusive collaboration agreement with Lalbhai Family owned Ahmedabad headquartered Arvind Ltd, India’s leading textile-to-retail-and-brands conglomerate, to infuse the high-performance benefits of Directa Plus’ G+

Pidilite Industries (Fevicol) Q4 earnings on May 24, board to consider dividend

MUMBAI | RAJKOT – Pidilite Industries Ltd shall consider dividend in a board meeting scheduled to be held on May 24 to consider quarterly earnings for Jan-Mar quarter of financial year 2017-18 ended on March 31, the company filing to exchanges said. Mumbai headquartered company is a pioneer in adhesive technology since its inception in 1959

InfoTech arm of GNFC – (n)Code Solutions, now becomes Gujarat NCode Solutions Ltd

GANDHINAGAR | BHARUCH | MUMBAI | AHMEDABAD | RAJKOT – (n)Code Solutions, information technology arm of Gujarat Narmada Valley Fertilizers & Chemicals Ltd is now incorporated as a wholly owned subsidiary company in name of Gujarat NCode Solutions Ltd, GNFC statement said. The new company has been incorporated on February 28, 2017 having Corporate Identity

Project Funding Committee of Dipak Nitrate Board nods QIP for 1.5 bn rupees

VADODARA | MUMBAI | AHMEDABAD | RAJKOT – Project funding committee of Board of directors of Deepak Nitrite Limited met on February 28, 2017 has further decided to open the issue of equity shares of the company  through Qualified Institutions Placement for an amount not exceeding 1.5 billion (150 crore) rupees to qualified investment buyers, fixing

Indo-Russian joint venture inked for South Asia’s First Halogenated Butyl Rubber Unit on West Coast of India investing 12 bn INR

GANDHINAGAR | JAMNAGAR | MUMBAI | AHMEDABAD | RAJKOT – Reliance Industries Limited (RIL) and Russian petrochemical company SIBUR signed MoU (Memorandum of Understanding) on January 11, 2016 – Wednesday, at the recently-concluded Vibrant Gujarat Summit at Gandhinagar to set up South Asia’s first butyl rubber halogenation unit at RIL’s (Reliance Industries Ltd’s) integrated petrochemical