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Ushanti Colour Chem Ltd.

BSE: 535099 Sector: Industrials
NSE: UCL ISIN Code: INE00NI01015
BSE 05:30 | 01 Jan Ushanti Colour Chem Ltd
NSE 05:30 | 01 Jan Ushanti Colour Chem Ltd

Ushanti Colour Chem Ltd. (UCL) - Company History

Ushanti Colour Chem Limited was incorporated as a private limited company with the name Ushanti Colour Chem Private Limited' in Gujarat on May 12 1993. Consequently it was converted into a public limited company pursuant to special resolution passed at Extra-ordinary General Meeting of our Company held on February 19 2018 and the name of our Company was changed to Ushanti Colour Chem Limited' on 7th March 2018. The Company is in the business of manufacturing and trading of Dyestuffs since 1961. The Company manufactures Reactive and Direct Dyestuffs also known as Synthetic Organic Dyes with an integrated production process. The company also manufactures Copper Phthalocyanine Blue Crude which are one of the major raw material used for manufacturing of Dyestuffs. The pigment and dyestuffs manufactured by the company caters to the raw material requirement of textile garment cotton leather nylon paper wool ink wood plastic and paint industries. The Company concentrate in manufacturing 'Turquoise Blue' Dyestuffs and Pigments. The company has 3 manufacturing facilities situated together at Vatva GIDC in Gujarat. The facilities are spread over 2739 sq. meters in total area. The company also has its own Ice generation machinery further it recovers Ammonium Carbonate from its effluent stream which are reused in the plant as well as sold to the Soda Ash Industry reducing wastage giving them incremental revenue. The company is an ISO 9001:2015 certified company certifying the quality of the products.Maunal Shantilal Gandhi and Minku Shantilal Gandhi are the Promoters of the Company.Shantilal Bhailal Gandhi and Minku Shantilal Gandhi were the initial subscribers to the Memorandum of Association of the Company. They have continued to hold shares in the company since incorporation of the Company till date.

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