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Sudarshan Chemical Industries Ltd.

BSE: 506655 Sector: Industrials
NSE: SUDARSCHEM ISIN Code: INE659A01023
BSE LIVE 15:40 | 23 Nov 366.30 -3.80
(-1.03%)
OPEN

373.75

HIGH

374.50

LOW

365.10

NSE 15:47 | 23 Nov 366.15 -5.75
(-1.55%)
OPEN

372.15

HIGH

374.00

LOW

365.00

OPEN 373.75
PREVIOUS CLOSE 370.10
VOLUME 18155
52-Week high 458.85
52-Week low 261.10
P/E 32.97
Mkt Cap.(Rs cr) 2,537
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 373.75
CLOSE 370.10
VOLUME 18155
52-Week high 458.85
52-Week low 261.10
P/E 32.97
Mkt Cap.(Rs cr) 2,537
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sudarshan Chemical Industries Ltd. (SUDARSCHEM) - Company History

Pune-based Sudarshan Chemical Industries was formed in 1951. Sudarshan offered shares to the public at par in Dec.'76. Until the seventies, the company manufactured organic / inorganic pigments and intermediates. But in 1980, it diversified into pesticides. In Jan.'91, it commenced manufacture of a new range of organic pigments such an pthalocyanine with technology from Dainippon Ink & Chemicals, Japan. The Japanese collaborator, apart from providing technology, also holds a 29.03% stake in the company. The company entered the area of environmental engineering in collaboration with Radian Corporation, US. It went public with a rights offer at a premium of Rs 100 to set up a plant to manufacture 1125 tpa of organic pigments at Mahad. Company announced bonus shares (1:2). Its quality management system has been designed to meet the requirements of ISO 9001 certification by BVQI. During 1994-95, exports amounted to Rs 45.8 cr. Company has received ISO 9001 certification in respect of its Pigment division. The Government has select the best industry for Top Excellence Safety Awards. Pune Factory has won "First Best Safety Performance Award" in Industrial Safety Competition five times in the last six years. During 2000-01, the company has received the prestigeous ISO 9001 re-certification in respect of its Pigment Division by Bureau Veritas Quality International(BVQI). During 2000-01, Mahad factory has been awarded the coveted ISO 14000 certification by Bureau Veritas Quality International(BVQI),which reconfirms the emphasis given by the company to safety and environment aspects and strict adherence to safety and environment standards.