Incorporated in the State of Maharashtra, Lime Chemicals Limited (LCL) is engaged in the business of manufacture of Calcium Carbonate. It is Chaired by R H Meghani & Managed by H I Dawoodani.
A rights issue was made during 1996 to its existing shareholders and also detachable and tradeable warrants was issued to the shareholders.
In 1995-96, LCL enchanced its installed capacity of calcium carbonate by 3000 mtpa. During 1996-97, the installed capacity of calcium carbonate has been expanded from 21600 to 27600 mtpa.
During 1997-98, Thirani Chemicals Limited was amalgamated with the Company and as per the Scheme of Amalgamation share holders of TCL are entitled to one equity share of the company for every share of TCL held by them.
The total installed capacity of Calcium Carbonate was 62500 MTPA an increase of 7100 MTPA.