Amal Limited was initially incorporated in July, 1974 as 'Amal Rasayan Limited'. In January, 1996, Amal Rasayan changed its name to Amal Products Limited and again to Amal Limited on November 25, 2003. The Company manufactures bulk chemicals such as Sulphuric acid and Oleum and their downstream products such as Sulphur dioxide and Sulphur trioxide at its manufacturing site at Ankleshwar. These chemicals find their use in several industries like Dyestuff, Fertiliser, Personal care, Petrochemical, Pharmaceutical, Textile, etc.
The manufacturing plant of the Company at Ankleshwar has an installed capacity of 140 tons per day of Sulphuric acid. The facility at Amal Speciality Chemicals Ltd (ASCL) has commenced operation having the capacity to manufacture 300 tons per day of Sulphuric acid.
Amal was promoted by Piramal Group in 1974-75; the controlling interest of the Company was sold to Atul Ltd in 1985-86. The company has implemented various projects which includes a multi-purpose modern EOU to manufacture bulk drugs in Pardi, Gujarat. It has also set up an oleum / sulphuric acid and a bulk drug project. The company has implemented projects to manufacture oleum and 1200 tpa pigments in Ankleshwar and expanded the existing capacities of the Ankleshwar and Roha units. A project to manufacture synthetic yarn is under active consideration.
ARL diversified into the manufacture of agro-chemical intermediates at its unit in Roha, Maharashtra. The company has signed an agreeme ...nt with Western India Enterprises for the acquisition of their sick chemical unit in Roha, Maharashtra. With the amalgamation of this unit, the company's dye-intermediate capacity will increase by about 75%, as also its profitability.
ARL exports its dye-intermediates to Russia, the US, Holland, Thailand and Germany, apart from enjoying a good domestic market.
The company has completed the trial runs of plant and machinery of its new H-Acid plant.
The Company filed the reference under Section 15(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 before the Board of Industrial and Financial Reconstruction (BIFR), New Delhi. The said reference was registered by BIFR w.e.f. September 9, 2005. The Company was declared Sick by BIFR w.e.f. July 20, 2006.
The Sulfuric Acid plant at Ankleshwar was made operational in 2008-09. The Company set up Sulphur dioxide and Sulphur trioxide plants in Ankleshwar, Gujarat and enhanced the capacity of Sulphuric acid plant in 2011-12.
During 2020-21, Amal Speciality Chemicals Ltd was incorporated as a wholly-owned subsidiary company of the Company on October 12, 2020.
FAQs on Amal Ltd
1. Can I buy Amal Ltd from PL Capital? ›
Yes, you can invest in Amal Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Amal Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Amal Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Amal Ltd pay dividends? ›
Yes, Amal Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Amal Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Amal Ltd ? ›
As of
17-Jun-2026 , the share price for Amal Ltd. is ₹ on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Amal Ltd ? ›
The 52-week high and low of Amal Ltd share price is ₹ - ₹ as of
17-Jun-2026 , .
