Excel Industries Ltd
Excel Industries Ltd Company History
Excel Industries is engaged in manufacturing and selling Chemicals, and Environmental and Biotech products and services. Chemicals comprising of Agrochemical intermediates, Specialty chemicals, Polymer additives, and Pharma intermediates and Active Pharma Ingredients. Environmental and Biotech products comprising of Organic Waste Management Composting, Municipal Solid Waste Management, Plastic Waste Management and Construction and Demolition Waste Management. The Company caters to both domestic and international markets. The Company is also engaged in manufacturing activity on behalf of third parties.
2000
Subsidiary launched seeds business last year, had to shell out Rs 2.25 crore this year as compensation to the cotton farmers of Warangal district in Andhra Pradesh.
2000
2001
Credit Rating and Information Services of India Ltd (Crisil) has downgraded its rating assigned to the fixed deposit programme of Excel Industries Ltd to `FAA-' from `FAA
Embarked on a restructuring drive by spinning off its agri-business into a separate company.
Board approves in-principle, a proposal to restructure the business of the Company by spinning off its Agri Business Division into a separate Company under a Scheme of Demerger
2001
2002
A major fire broke out in one of the two main buildings of the corporate and registered office of the Company on March 22, 2002.The fire resulted in extensive damage to and destruction of building, office equipments, furniture and fittings, EDP & IT Systems including hardware and data storage devices, communication systems and records.
Board Approves the scheme of amalgamation of Waman Industrial Chemicals Ltd (WICL), wholly owned subsidiary with the company.
Mr. Kishore V Mariwala has resigned from the BoD w.e.f. June 27, 2002.
Mr M K Vadgama has resigned from the Board of Directors of the Company.
Mr A N Poddar, Director of the Company has expired on December 05, 2002.
2002
2003
Board Approves a Scheme of Demerger of the Undertaking relating to the Agri Business of the Company and to transfer and vest the same as a going concern, to and in Excel Corp Care Ltd (ECCL), subject to all requisite approvals.
Hon'ble High Court of Judicature at Bombay sanctioned the scheme of arrangement for demerger of the undertaking relating to Agri Business of the Company and its transfer to and vesting in Excel Crop Care Ltd.
Mr Dipesh K Shah has resigned as Joint Managing Director of the company wef August 30, 2003.
Mr. S R Potdar, President (Chemicals Division) has been appointed Executive Director of the Company with effect from 3rd September, 2003. Mr. Dipesh K Shroff has also been appointed as non-executive Director of the Company on 3rd September, 2003.
Signed a memorandum of understanding to sell its land at Amboli. The sale is for Rs 1.75 crore
2003
2007
Excel Industries Ltd has has appointed Mr. D Devednder Singh as an Additional Director of the Company.
2007
2008
Excel Industries Ltd has informed that the Board of Directors of the Company at its meeting held on October 24, 2008, has appointed Mr. Nilesh Bhaskar Sathe as an Additional Director of the Company.
Excel Industries Limited has appointed Mr. Nilesh Bhaskar Sathe as an Additional Director of the Company.
2008
2009
Excel Industries has recommended a dividend of 10%
2009
2010
Mr Surendra Kumar Singhvi has been appointed as the Secretary and Compliance Officer of the Company.
Excel Industries have recommended a dividend of 40%
2010
2011
Excel Industries have recommended a dividend of 75% including a special dividend of 25% on the occassion of 50th year.
2011
2012
Excel Industries have recommended a dividend of 40%.
2012
2013
ICC (Indian Chemical Council) Lifetime Achievement Award.
2013
2014
"Excel Industries offers easy-to-use organic waste treatment system".
2014
2019
Acquisition of a chemical manufacturing unit of NetMatrix Crop Care Limited.
2019
