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Kedia Chemical Industries Ltd.

BSE: 524701 Sector: Agri and agri inputs
NSE: N.A. ISIN Code: INE514D01016
BSE 05:30 | 01 Jan Kedia Chemical Industries Ltd
NSE 05:30 | 01 Jan Kedia Chemical Industries Ltd

Kedia Chemical Industries Ltd. (KEDIACHEMICAL) - Company History

Kedia Chemical Industries (KCIL) was incorporated as a private limited company in Aug.'77 and was converted into a public limited company in Jun.'94. The company was promoted by Pushpakant M Kedia, Radheshyam M Kedia and Raghunath M Kedia. In Sep.'94, the company came out with a public issue to part-finance a Rs 9-cr project to manufacture the technical grade pesticide cypermetherin (100 tpa) and the pesticide intermediate trichloro acetyl chloride (350 tpa). The company manufactures and markets pesticide intermediates (1000 tpa) and organic intermediates (300 tpa). KCIL's manufacturing unit is located at MIDC, Thane-Belapur Road. In 1994-95, the company started to manufacturethe bulk drug intermediate dichloro acetonitrile. This product is being made for a reputed pharmaceutical company which exports it to the US.The main end-users of KCIL's products are Sudarshan Chemicals, United Phosphorous, FICOM Organics, Gujarat Insecticides, Arlabs, etc. In 1995-96, the company diversified into the project consultancy and has started a new division for undertaking turnkey projects and manufacturing of specialised chemical process equipment. During 1996-97, the company received order for Turn key supply of 3000 Tonnes p a of monochloro acetic acid plant at Ankeleshwar.