A Oneindia Venture

Haryana Leather Chemicals Ltd. Company History and Annual Growth Details

The Company was incorporated on 22nd January, 1985 as a Public Limited Company. A low-profile Company, Haryana, Leather Chemicals (HLCL) was promoted by HSIDC and N. K. Jain. It went public in 1988 to raise funds for the manufacture of Leather Finishing Chemicals and Fat Liquor. These are used in treating leather goods and importing properties such as water-resistance and softness, besides rendering a polished look.

HLCL had entered into a technical collaboration with ICAP Industria Chemica SPA Italy (for finishing chemicals) and A. Smit & Zoon B V Holland (for Fat Liquors) both internationally wellknown parties. The Company after successfully establishing itself in the field of leather chemicals, embarked upon expansion into various other products for leather as well as other industries like Cross-Linking High Resistance Acrylic Binders and Retanning Agents, Special Touch Modifiers, Acrylic Finishes, Acrylic Adhesives Solvent and water based etc.

2007
-Company has recommended final dividend @ 5%.

2008
-Haryana Leather Chemicals has recommended a final Dividend @ 5% (Rs 0.50 paisa per share).

2009
-Haryana Leather Chemicals has recommended 6% dividend on equity share.

2010
-Haryana Leather Chemicals recommended the final dividend of Rs. 0.60/- per share (i.e. 6%) on equity shares of Rs. 10 each.

2011
-Haryana Leather Chemicals recommended the final dividend of Rs. 0.60/- per share (i.e. 6%) on equity shares of Rs. 10 each.

2012
-Haryana Leather Chemicals recommended the final dividend of Rs. 0.60/- per share (i.e. 6%) on equity shares of Rs. 10 each.

2013
-Haryana Leather Chemicals recommended the final dividend of Rs. 0.60/- per share (i.e. 6%) on equity shares of Rs. 10 each.

2014
-Haryana Leather Chemicals recommended the final dividend of 7% on the face value of the paid up equity shares.

2016

- Haryana Leather Chemicals Ltd. Participated in The 16th International Shoes & Leather
Exhibition Vietnam.

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