Serene Industries Ltd., previously known as Serene Dyestuff Industries (SDIL) was incorporated as a private limited company in Jul.'70 under the name of I N Kanth Chemicals & Dyestuff Pvt Ltd and was subsequently converted into a public limited company in Jun.'86. The name of the company was changed to SDIL in Dec.'87. SDIL manufactures and markets disperse dyes at its plant at Lote Parshuram, Maharashtra. SDIL went public in Apr.'94 with FCDs to part-finance the project to expand its existing capacity of disperse dyes from 500 tpa to 940 tpa as well as to set up an EOU at Vapi, Gujarat, to manufacture reactive dyes. In Jul.'95, Vision Intermediates (India) Pvt Ltd was amalgamated with SDIL.
During the year 1995-96, the company has been awarded status of Export House for a period of three years from 1.4.1996 by the Government of India.