A Oneindia Venture

Pentokey Organy (India) Ltd. Company History and Annual Growth Details

The Company was incorporated on 26.11.86 under the name and style
of Pentokey Organy (India) Pvt Ltd and converted into a Public
Limited Company with effect from 10.9.90. The objects of the
Company are fully set out in the Memorandum of Association of the
Company. The company is implementing a project to manufacture
Acetaldehyde 4000T/annum. Acetic Acid 5000T/annum. Ethyl Acetate
2100T/annum and Butyl Acetate 1200T/annum with the financial
assistance from IDBI, IFCI and ICICI at a cost of Rs 1230 lacs at
Lote-Parshuram, Dist Ratnagiri in the State of Maharashtra. The
plant site being a declared backward area by the State Government
is eligible for incentives, Sales Tax and other benefits.

PROMOTERS
The Company has been promoted by Shri Rajendra V Shah having
experience in dealing in and manufacturing chemicals for over 14
years along with Shri Vijay M Porwal and Shri Kumar V Shah.

2009
--Registered Office of the Company has been shifted from Unit No. RCC/9, J K Industrial Estate, Mahakali Caves Road, Andheri-East, Mumbai-400093 to Yusuf Building, 20A, 2nd Floor, Fort, Mumbai- 400001

2012
--Registered Office of the Company has been shifted from Yusuf Building, 20A, 2nd Floor, M. G. Road, Fort, Mumbai - 400001 to Somaiya Bhavan, 45/47, M. G. Road, Fort, Mumbai - 400001
-Pentokey Organy has given the Bonus in the Ratio of 2:3.

2013
- The Board recommended the dividend @10% i.e. Re. 1/- per share on Equity shares of Rs. 10/- each.

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