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अल्काली मेटल्स > कंपनी इतिहास > Chemicals > कंपनी इतिहास का अल्काली मेटल्स - बीएसई: 533029, NSE: ALKALI

अल्काली मेटल्स

बीएसई: 533029  |  NSE: ALKALI  |  ISIN: INE773I01017  |  Chemicals

कंपनी इतिहास - अल्काली मेटल्स
Our Company was incorporated on April 17, 1968 as a private limited
 company in Hyderabad,
 Andhra Pradesh under the Companies Act, 1956 registered with the
 Registrar of Companies,
 Andhra Pradesh at Hyderabad; vide Registration No. 01 - 01196.
 Subsequently it became a
 deemed public limited company and the certificate for the same was
 issued by the RoC on
 June 18, 1975. Our Company was reconverted into a private limited
 company on October 6,
 1976. Again our Company became a deemed public company and the
 certificate for the same
 was issued by the RoC on on July 6, 1977 and the name was changed to
 Alkali Metals
 Limited. Our Company was re-converted into a private limited company
 on November 10,
 1986 with the original name being restored. Subsequently, our Company
 was converted into a
 public limited company and the name was changed to Alkali Metals
 Limited. The certificate for
 the same was issued by the RoC on July 29, 1992. The registered
 office of our Company is
 situated at Plot B5, Block III, Industrial Development Area (IDA),
 Uppal, Hyderabad - 500 039,
 AP.
 
 Our Company was promoted by Dr. Y.V.S. Murty. Our Company started as
 a joint venture
 with APIDC. We commenced the production of sodium metal, with an
 installed capacity of 125
 MT. In the year 1986, APIDC exited from the joint venture. With
 increasing power tariffs,
 imported sodium metal became more attractive compared to the cost of
 indigenous
 production. Hence our Company then began to diversify and built its
 product portfolio,
 classified into: Sodium derivatives, Pyridine derivatives and Fine
 chemicals. These products
 find wide application and use in various industries like the pharma,
 agro based products,
 pesticides, explosives, bio technology products, electroplating
 chemicals etc.
 Currently, our Company has two manufacturing facilities, Unit I and
 II, both ISO 14001:2004
 and ISO 9001:2000 certified, and both of our units are having
 installed capacity of 2,200
 MTPA. Unit II, for which the land and building was taken on lease
 from Balaji Agro Industries
 Limited (a group company), commenced active operations in the year
 2003, as a 100% EOU.
 Subsequently in the year 2005, our Company acquired the complete
 ownership of the Unit. In
 the same year, our Company also set up a separate plant in Unit I for
 recovery of hydrogen
 which could be re - deployed in the manufacturing process, thus
 enabling energy
 conservation.
 
 Balaji Agro Industries Limited was acquired by Alkali Metals Limited
 with an intention to foray
 into processing of agro based products, for which Alkali Metals
 started acquiring shares of
 Balaji Agro Industries Limited, from its erstwhile promoters from
 July 1, 2000. The registered
 office was shifted to Hyderabad, Andhra Pradesh and it was converted
 into a public limited
 company. It also became a subsidiary of Alkali Metals with effect
 from April 2, 2002 and the
 erstwhile promoters exited our Company fully on March 29, 2003. They
 are no longer the
 shareholders of Balaji Agro Industries Limited, However, later it was
 found that integrating the
 business processes of Alkali Metals Limited, and Balaji Agro
 Indistries Limited, was not
 feasible and therefore Alkali Metals Limited, divested its stake in
 Balaji Agro Industries
 Limited, to Dr. Y. V. S. Murty, Mrs. Y. V. Lalitha Devi, Mr. Y. S. R.
 Venkata Rao and Mrs. Y.
 Krishna Veni on March 19, 2005. Since then, Balaji Agro Industries
 Limited has ceased to be
 a subsidiary of Alkali Metals Limited.
 
 Our Company has been awarded a Certificate of Merit for Outstanding
 Export Performance
 by CHEMEXCIL, Mumbai for the year 2001-02. It has also been awarded
 the Silver Trophy
 for the Best Technology Development in Research & Development in the
 state of Andhra
 Pradesh by the Federation of Andhra Pradesh Chambers of Commerce &
 Industry for the
 year 2001-02 and Outstanding Performance in the field of Technology
 by Uppal Industries
 Association, Hyderabad, Andhra Pradesh in the year 2003. Our Company
 has also been
 conferred the status of Export House by Joint Director General of
 Foreign Trade, Ministry of
 Commerce and Industry, Government of India.
 
 Our Company had earlier filed its Draft Red Herring Prospectus dated
 August 31, 2007 with
 SEBI, BSE and NSE. We had received in-principle approvals from BSE
 vide its letter dated
 October 23, 2007 and from NSE vide its letter dated December 04,
 2007. We had also
 received SEBIs observation on the said filing vide its letter no.
 CFD/DIL/ISSUES/SM/
 112220/2007 dated December 31, 2007. We did not proceed with the
 issue due to adverse 
 capital market conditions and changes in capital structure which were
 effected in May 2008.
 
 Major events in the history of our Company are given below:
 
 Year          Major event
 
 1968    Incorporation - commenced production of Alkali metals (Unit
 I), a Joint Venture
             with APIDC.
 
 1970    Started commercial production of Sodium Metal - Became the
 first company to
             manufacture Sodium Metal in Asia.
 
 1986    APIDC exited out of the Joint Venture, giving our Company
 complete operational
             and management control.
 
 1995     BS EN ISO 9002: 1994 certification for Unit I by Bureau
 Vistas, valid for three years.
 
 2000     ISO 14001:1996 certification for Unit I by Bureau Veritas,
 valid for three years.
 
 2002     ISO 9001:2000 certification for Unit I by Bureau Veritas,
 valid for three years.
 
              Awarded the Silver Trophy for Best Technology
 Development in Research &
              Development by an Industrial / Scientific Organisation
 in the State from
               FAPCCI, AP.
 
              Awarded the Certificate of Merit for outstanding export
 performance in basic
              inorganic and organic chemicals panel during the year
 2001-02 by Basic
              Chemicals, Pharmaceuticals & Cosmetics Export Promotion
 Council, Mumbai.
 
              Company accorded the status of Export House by DGFT,
 AP.
 
 2003     Unit II commenced active operations - accorded the status of
 100% EOU by
              Development Commissioner, Visakhapatnam SEZ
 
 2003      Awarded the Best Technology Award for outstanding
 performance in the field
               of technology from Uppal Industries Association,
 Hyderabad, AP.
 
               Started to focus on custom synthesis business and off
 shoring capability.
 
 2004      Renewed the ISO 14001:1996 certification for Unit I by
 Bureau Vistas, valid for
               three years.
 
               ISO 9001: 2000 and ISO 14001:1996 certifications by
 Bureau Vistas, given for
               Unit I, extended to include Unit II.
 
               Awarded the Best Export Performance Award for the year
 2003 - 04 in the
               state by FAPCCI.
 
 2005     Acquired ownership of Unit II.
 
              Renewed the ISO 9001:2000 certification by Bureau Vistas
 for both the Units,
              valid for three years.
 
              Plant for recovery of by - product, Hydrogen from Sodium
 Amide Plant, enabling
              energy conservation
 
 2006      ISO 14001:2004 certification by Bureau Vistas for both the
 units, valid for one
               year.
 
 2007      Renewed the ISO 14001:2004 certification by Bureau Veritas
 for both the units,
               valid for three years.
 
               Certificate of Recognition for Export House, renewed
 for another period of two
               years.
 
 2008
 
 -Renewed the ISO 9001:2000 certification by Bureau Vistas for both
 the Units, valid for three years.
 
 -Listing of equity shares of Alkali Metals Ltd on the Exchange in the
 list of B Group Securities.
  
 2009
 
 -Alkali Metals Recommended Dividend at 40%
 
 2010
 
 -Alkali Metals Recommended Dividend at 40%
 
 2011
 
 -Alkali Metals Recommended Dividend of Rs. 2/- per share
 
 2012
 
 -Alkali Metals Recommended Dividend of Re. 1/- per share
 
 2013
 -Alkali Metals Ltd has has recommended Dividend of Rs. 1/- per share
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `750 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `703 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `725 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `661 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `861 Cr की बिकवाली की
  • MARKET CUES : स्टॉक फ्यूचर्स में `681 Cr की बिकवाली की
  • CS ON INFOSYS : Underperform रेटिंग, लक्ष्य बढ़ाकर `720/Sh
  • JEFFERIES ON INFOSYS : BUY रेटिंग, लक्ष्य घटाकर `915/Sh
  • CITI ON INFOSYS : BUY रेटिंग, लक्ष्य `900/Sh
  • UBS ON INFOSYS : Neutral रेटिंग, लक्ष्य `900/Sh

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