Skylead Chemicals (SCL) was incorporated on 31 Oct.'85 as a private limited company and was converted into a public limited company on 30 Jan.'95. The company was promoted by Lokendrasinhji C Raol and Yashodhar N Bhatt.
The company manufactures and supplies bromine based salts and chemicals. The main clients of the company are Searle (India), Century Enka, Roche Products, Dabur India, Thermax, Bharat Rasayan, Nalco Chemical India, Atic Industries, etc. Its manufacturing facilities are located at Navagam (Bhavnagar district), Gujarat.
In 1995-96, the company proposed to expand its installed capacity of bromide from 300 tpa to 925 tpa and also to set up a project for additional manufacturing facilities for the manufacture of bromine-based pesticide intermediates, which find applications in pesticides, drugs and in the pharmaceutical industry. It came out with a public issue of 38,06,100 equity shares of Rs 10 each for cash at par aggregating Rs 3.81 cr.