Archean Chemical Industries Ltd Shareholding Pattern
Promoter Holdings
53.426 %
FIIs
11.076 %
DIIs
8.284 %
MutualFund
16.966 %
Retail
8.135 %
Others -
2.113 %
About Archean Chemical Industries Ltd
History of Archean Chemical Industries Ltd
Archean Chemical Industries Limited was originally formed as a Partnership Firm under the name of 'Archean Chemical Industries' at Chennai, pursuant to a Partnership Deed dated November 20, 2003, which was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Chennai. Subsequently, the Partnership Firm converted into Private Limited Company under the Companies Act, 1956 with the name 'Archean Chemical Industries Private Limited' and a Certificate of Incorporation dated July 14, 2009 was issued by the Registrar of Companies, at Chennai. Consequent upon conversion into a Public Limited Company on November 15, 2021, name of the Company was changed to 'Archean Chemical Industries Limited'.
Archean Chemical Industries Limited (ACIL) is an India-based specialty chemicals manufacturing company that produces and supplies marine chemicals. The Company is engaged in the production and supply of industrial salt, liquid bromine, sulphate of potash (SOP). ACIL serves a range of industries, including agriculture, pharmaceutical, water treatment, aluminium, glass, and textiles.
Apart from this, the Company has an integrated production facility for bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat. Its manufacturing facility is located to captive Jakhau Jetty and Mundra Port, where the Company transport products to their customers internationally. The facility and its surrounding salt fields and brine reservoirs span appr ...oximately 240 sq.km.
In 2011, the Company made strategic investments of approximately Rs. 225.05 million in Sojitz Corporation.
In 2013, it commenced the operations of industrial salt to Japan and South Korea.
In 2014, it commenced operations on production of bromine in China.
In 2015, it commissioned production of sulphate of potash in Belgium.
In 2021, the Company's manufacturing facility had an installed capacity of 28,500 MT per annum of bromine, 3,000,000 MT per annum of industrial salt and 130,000 MT per annum of sulphate of potash. Their industrial salt washing facility has three washeries, each having a capacity of 200 tons/hour, which is equipped with its own quality department, effluent treatment plant, sewage treatment plant and
stockyard.
The Company came out with a Public Issue during November, 2022 by raising Rs. 2420 crores through fresh issue amounting to Rs. 805 crores and Offer for Sale amounting to Rs. 1615 crores.
The Company increased bromine's capacity to 42,500 MTPA in January 2023 from 28,500 MTPA earlier. The subsidiary, Acume Chemicals Private Ltd (ACPL) has established a bromine derivatives production facility with a capacity of 28,000 MTPA, with Phase I commissioned
in 2024. The Company, through one of its subsidiary company, acquired Oren Hydrocarbons Private Ltd in FY24.
FAQs on Archean Chemical Industries Ltd
1. Can I buy Archean Chemical Industries Ltd from PL Capital? ›
Yes, you can invest in Archean Chemical Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Archean Chemical Industries 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 Archean Chemical Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Archean Chemical Industries Ltd pay dividends? ›
Yes, Archean Chemical Industries 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 Archean Chemical Industries 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 Archean Chemical Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Archean Chemical Industries Ltd. is ₹ 580.2 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Archean Chemical Industries Ltd ? ›
The 52-week high and low of Archean Chemical Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
