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R S Petrochemicals Ltd.

BSE: 524691 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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R S Petrochemicals Ltd. (RSPETROCHEM) - Company History

Incorporated in 1992, R S Petrochemicals is currently being managed and chaired by Mohinder Singh. The company is engaged in the business of manufacturing N-Hexane/Rexon. In 1994-95, the company came out with a public issue of 33,82,000 equity shares of Rs. 10 each for cash at par aggregating to 345.45 lacs to part finance the 851.33 lacs project of petrochemical at village Lasundra, Vadodara, GJ. The commercial production of the project was started on 1st Feb, 1996. The project being hi-tech in nature and set up in India for the first time. During 1998-99, the company has entered into long term arrangement with Hindustan Petroleum Corporation Ltd (HPCL) for supplying 32470 MTPA of Light Naphtha. This would ensure continuity in operations and improve the performance of the company.