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Oswal Green Tech Ltd.

BSE: 539290 Sector: Others
NSE: BINDALAGRO ISIN Code: INE143A01010
BSE LIVE 15:40 | 17 Nov 30.15 -0.75
(-2.43%)
OPEN

30.80

HIGH

32.00

LOW

29.95

NSE 15:59 | 17 Nov 30.45 -0.45
(-1.46%)
OPEN

31.50

HIGH

31.50

LOW

30.15

OPEN 30.80
PREVIOUS CLOSE 30.90
VOLUME 45957
52-Week high 35.00
52-Week low 21.75
P/E 17.03
Mkt Cap.(Rs cr) 774
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 30.80
CLOSE 30.90
VOLUME 45957
52-Week high 35.00
52-Week low 21.75
P/E 17.03
Mkt Cap.(Rs cr) 774
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Oswal Green Tech Ltd. (BINDALAGRO) - Company History

Incorporated in 1981, Oswal Chemicals & Fertilizers (OCFL) promoted by the Oswal group which comprises Oswal Agro Mills and Oswal Agro Furane. The company has plants at Shahjahanpur, UP; Mandideep and Dewas, Madhya Pradesh and Rishra, West Bengal. OCFL manufactures agro-products like vegetable ghee; it has a soyabean processing plant, a vegetable oil refinery, a hydrogenation plant and a flour mill; it also produces chemicals like low-density polyethylene (LDPE). In Oct.'89, the company came out with a public issue of 1.97 cr 12.5% FCDs of Rs 200 aggregating Rs 395 cr to part-finance the Rs 695 cr project of setting up a gas-based fertiliser complex at Shahjahanpur, Uttar Pradesh. Commercial production of urea commenced in 1995. The re-location of LDPE plant from Rishra in West Bengal to Shahjahanpur in U.P has been successfully completed and commenced commercial production on March, 98. The company also shut down its LDPE plant in September, 1998, after lifting of price control on molasses. The 1.92 million TPA Phosphatic Fertilizer project at Paradeep, Orissa has started trial production from March, 2000. Teething troubles faced during the trial runs were attended to with the helpof process licensors. The Company has tied up the raw material requirements for the plant on a long term basis.