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सविता ऑयल टेक > कंपनी इतिहास > Lubricants > कंपनी इतिहास का सविता ऑयल टेक - बीएसई: 524667, NSE: SOTL

सविता ऑयल टेक

बीएसई: 524667  |  NSE: SOTL  |  ISIN: INE035D01012  |  Lubricants

कंपनी इतिहास - सविता ऑयल टेक
YEAR                       EVENTS
 1961 - The Company was incorporated under the Companies Act, 1956, as
 a
        private limited company on 19th July, under the name of
 Stauffe.
        Chemicals private Limited.
 
      - The company was promoted by Late Shri D.C. Mehta and his son
        Shri. N.K. Mehra and started by manufacturing liquid Paraffin
 at
        Saki Naka, Mumbai.
 
 1965 - The name was changed to Savita Chemicals Private Limited on
 8th
        February.  The company became a deemed public limited company
 u/s
        43A of the Companies Act, 1956 on 1st November 1988.  The
 company
        became a full fledged public limited company on 29th April
 1994.
 
      - The Company was one of the first in the country to
 manufacture
        liquid paraffin as an import substitute entirely with an
        indigenously developed know-how.  The company also started to
        manufacture Emulsifiers and other White Oils.
 
 1983 - A group company Mehre Trading and Investment Co. Pvt. Ltd.,
        engaged in canvassing business for and providing technical
 and
        market information to foreign oil companies, was amalgamated
 with
        the company with effect from 1st December.
 
 1994 - The Company issued and allotted on 30th April, 62,500 No. of
        Equity shares of Rs. 10 each at par to employees, promoters
 and
        associates of the Company.
 
      - The Company also issued and allotted on 30th April,
 58,125-14%
        Unsecured fully convertible debentures of Rs.100 each
 aggregating
        to Rs. 58.12 lakhs to the shareholders, promoters and their
        associates.
 
      - Each debenture is convertible into 10 Equity shares of Rs.10
 each
        at any time after two years but not later than three years
 from
        the date of allotment.
 
      - Subsequent to the Technical Collaboration Agreement signed
 with
        Idemitsu International Asia Pte. Ltd. which is a wholly owned
        subsidiary of Idemitsu Kosan Co. Ltd., Japan, the Company
        launched the automotive range of the lubricants under the
        IDEMITSU brand name in November, 1994.
 
 1995 - In August, the Company made its maiden public issue of
 23,12,100
        No. of Equity shares of Rs. 10 each at a premium of Rs.100
        aggregating Rs.2543.31 lakhs.
 
      - During the year the new unit for the manufacture of
 Lubricating
        Oils, Transformer Oils, White Oils and Petroleum Sulfonates
 was
        commissioned.
 
      - The Company participated in the prestigious Africa, 95
 Exhibition
        at Cairo which was a U.N. sponsored event and was also a part
 of
        the IEEMA Indian delegation visiting South East Asian
 countries
        namely Thailand, Indonesia, Malaysia and Singapore.
 
      - The Company is participating in the 21st Tehran International
        Trade Fair to be held in October.
 
 1996 - The Company has initiated steps for obtaining the ISO 9001
        certification which will further enhance the market of the
        Company's products in both, the Domestic and International
        markets.
 
 1997 - Savita Chemicals is a leading manufacturer of petroleum
        specialities such as transformer oils, liquid paraffins and
 white
        oils (inst.cap: 41,525 tpa), lubricants (15,000 tpa),
 petroleum
        sulfonates (2000 tpa), petroleum jellies (3000 tpa),
 synthetic
        petroleum sulfonates (600 tpa) and other specialities.
 
      - On the marketing front, it has tie-ups with OEMs, to supply
        automotive lubricants to Telco and Kinetic Honda and
 industrial
        lubricants to BHEL.
 
      - Savita Chemicals Ltd, the flagship company of Savita Group,
 has
        recently introduced Kinetic Honda Ultra 2T oil, specially
        manufactured for kinetic Honda Scooters, all over India.
 
      - The Mumbai-based Savitha Chemicals has introduced Kinetic
 Honda
        Ultra 2T oil specifically for Kinetic Honda scooters.
 
      - Savita Chemicals Limited a leading manufacturer of Lubricants
 has
        recently developed DAPHNE SUPER FLUID 46 WR (DSF) ultra high
        performance Hydraulic oil, with exclusive Hydrotreated Base
 Oils,
        for Earthmoving & Construction Equipments.
 
      - Savita Chemicals, the first Petroleum specialities company in
        India has been awarded the coveted ISO 9001 certification by
 the
        RvA under the Det Norske Veritas Quality Systems.  It
        manufactures various petroleum products at its ultra modern
        refinery situated at Navi Mumbai.
 
 1998 - The Company has set up a new unit at Silvassa for the
 manufacture
        of Blended Automotive Lubricants and Industrial Lubricants,
        Greases and Speciality Oils.
 
      - The Company achieved a very important milestone by obtaining
 the
        ISO-9001 Certification from Det Norske Veritas (DNV),
 Netherlands
        for Design, Development and Manufacture of Petroleum
 Speciality
        products.  The Company is now the first manufacturer of
 Petroleum
        Specialities in India to receive the ISO-9001 Certification
 for
        its products.
 
      - The Company has a strong R&D Department approved by the
        Department of Science & Technology, Government of India.
 
      - The Company has identified the Indian Ocean rim countries as
 the
        thrust area for exporting its products.
 
      - During the year under report, the Company successfully
 introduced
        its products in the South East Asian and African Regions.
 
 1999 - The Wind Energy Plant at Venkhusavde, Pallani village, Satara
        district in Maharashtra was commissioned on 20th of March.
 
      - The Power generated from the Wind Energy Plant will be used
 for
        captive consumption by the Company and also for supply to
 third
        parties on commercial basis.
 
 2000 - The Company's 2.25MW Wind Energy Project at Gojegaon, Satara,
        Maharashtra was commissioned on 30th March. 
 
 2007
 
 -The Company has issued Bonus Shares in the Ratio of 2:3.
 
 2008
 
 - Savita Chemicals Ltd has appointed Mr. Uday Chandrakant Rege as
 Company Secretary & V P - Legal & Compliance Officer with effect from
 January 01, 2008.
 
 - Savita Chemicals Ltd has appointed Mr. Harit A Nagpal as an
 Additional Director on the Board with effect from July 26, 2008.
 
 2009
 
 -The name of Savita Chemicals Limited shall be changed to Savita Oil
 Technologies Limited and the trading symbol of the Company be changed
 from SAVITACHEM to SOTL 
 
 -The Company has declared the dividend @ Rs.5/- per Equity Share of
 Rs.10/- each.
 
 2010
 
 -The Company has purchased industrial land admeasuring approximately
 62,225 sq. mtrs. in Village Silli, Silvassa, Union Territory of Dadra
 & Nagar Haveli.
 
 2011
 
 -The company have recommended dividend @200%, i.e., Rs. 20 per Equity
 Share.
 
 
 2012
 
 -The Company have recommended dividend @ 150% i.e. Rs. 15 per Equity
 Share.
 
 
 2013
 
 -Board recommended a dividend @ 175% i.e. Rs. 17.50 per Equity share
 (face value of Rs. 10 each) for the year ended March 31, 2013.
 
 2014
 
 -Board recommended a dividend @ 175% i.e. Rs. 17.50 per Equity share
 (face value of Rs. 10 each) for the year ended March 31, 2014.
 
 
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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