| April 09, 1984 |
Incorporated as Public Limited Company under Companies Act |
| June 13, 986 |
Signed Agreement with Sumitomo of Japan for 7.5 KTPA capacity ABS Plant |
| January 22, 1990 |
Commissioned 7.5 KTPA capacity ABS Plant at Satnoor (Madhya Pradesh)
|
| March 31, 1996 |
Expanded capacity at Satnoor Plant : 15 KTPA capacity of ABS |
| September 16, 1999 |
Initially taken over under licence and subsequently purchased Polychem’s 5 KTPA capacity ABS/SAN Plant at Vadodara |
| September 01, 2002 |
Expanded ABS/SAN plant at Vadodara Plant 12 KTPA (combined capacity of both the units – 27 KTPA)
|
| March 31, 2003 |
All secured loans repaid to FIs and Banks
|
| November 05, 2003 |
Preferential Issue of 3.25 Million Equity at a premium of Rs. 90/- per share with face value of Rs. 10/- each (aggregate money received Rs. 325 Million)
|
Under Licence on November 6, 2003
Purchased on June 30, 2004 |
Initially taken over Greaves Ltd.’s RPRL Unit* at Abu Road under Licence and subsequently purchased it.
*Capacity of RPRL Unit at 20 KTPA
|
| June 30, 2004 |
Rationalised plant configuration and achieved 48 KTPA aggregate ABS manufacturing capacity based on exclusive HRG production at Satnoor plant and Bulk SAN and Compounding production at Abu Road
|
| July 29, 2004 |
Legally closed down the Vadodara Plant (Completed legal formalities)
|
| July 1, 2005 |
Implemented ERP package (mySAP) across the organization.
|
| January 30, 2007 |
Obtained ISO 9001-2000 certification
|
