Indo Amines Limited (IAL) was incorporated as a Public Limited Company in Maharashtra. IAL is promoted by joining of promoters to TECHNO GROUP and UNIVERSAL GROUP. Company is engaged in manufacturing, selling and distribution of Specialty Chemical with diversified end-user into Agrochemicals, Pharmaceuticals, High performance Polymers, Paints, Pigments, Printing Inks, Rubber Chemicals etc. IAL has five manufacturing facilities located at Baroda, Dhule, Mahad, Badlapur, and Dombivli.
During the FY 2004-05, Quatemary Ammonium Compounds (installed capacity 150 mt) was installed at Savli, Dist. Baroda.
During the year 2005-06, Flame Pharmaceuticals Private Limited and Sheiraj Chemicals and Pharmaceuticals Pvt. Ltd. got amalgamated with the Company effective from 1st April, 2005. Through the said Scheme of Amalgamation, the Board allotted 13,36,890 equity Shares to the shareholders of both Companies. In 2006-07, the Company incorporated Indo Amines (Europe) Limited in United Kingdom & invested 50 GBP as s Share Capital of the said Company.
During year 2011, it launched 'Benzo' as a new product in Formulation segment. During 2011-12, the Composite Scheme of Arrangement and Amalgamation between Versatile Chemicals Ltd, Palkar Commercials Pvt Ltd and the Company was implemented and effective on 2nd November, 2012. Pursuant to the said Scheme of Amalgamation, the Committee allotted 23,86,500 Equity Shares to the shareholders of two Companies dated November 9, 2013.
Duri ...ng the year 2016-17, the Draft Scheme of Amalgamation of Classic Oil Limited, Wholly Owned Subsidiary of the Company and Sigma Solvents Private Limited with the Company was made effective from 1st January, 2018.
Similarly during the year 2020-21, a Draft Scheme of Amalgamation of the Core Chemicals (Mumbai) Private Limited and Key Organics Private Limited, a Wholly Owned Subsidiary of the Company with the Company was implemented and made effective on April 01, 2018. Further, the Company allotted 20,00,000 Equity Shares of Rs 10/- each through the said Scheme of Amalgamation.
Pious Engineering Private Limited got merged with the Company effective from January 1, 2023.
In FY 2025, IAL launched a new product 'Morpholine & Derivatives' in the 'Aliphatic Amines' category at its existing unit located at J5, MIDC, Dhule district of Maharashtra.
FAQs on Indo Amines Ltd
1. Can I buy Indo Amines Ltd from PL Capital? ›
Yes, you can invest in Indo Amines Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Indo Amines 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 Indo Amines Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Indo Amines Ltd pay dividends? ›
Yes, Indo Amines 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 Indo Amines 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 Indo Amines Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Indo Amines Ltd. is ₹ 119.62 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Indo Amines Ltd ? ›
The 52-week high and low of Indo Amines Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
