A Oneindia Venture

Neogen Chemicals Ltd. Company History and Annual Growth Details

The Company was incorporated as ‘Neogen Chemicals Private Limited’ on March 7, 1989, at 404 Prasad Edalji Road, Charai, Thane – 400601, Thane, Maharashtra as a private limited company under the Companies Act, 1956 and received a certificate of incorporation from the ROC. Subsequently, pursuant to a special resolution passed by the shareholders of the Company on May 2, 1998, the Company was converted to a public limited company and the name of the Company was changed to ‘Neogen Chemicals Limited’, and a fresh certificate of incorporation dated July 2, 1998 was issued to the Company by the ROC.

Major events and milestones of the Company

1989

- Incorporation

1991

- Started operations with Lithium salts and organobromide

1994

- Increase in capacity

1998

- Conversion of the Company from a private limited company to a public limited company

2000

- Dedicated R&D Division was set up

2001

- Company started manufacturing advanced bromine compounds for advanced intermediates

- Increased reactor capacity of the Mahape Facility from 6,000 litres to 20,000 litres

2007

- Increased reactor capacity of the Mahape Facility from 20,000 litres to 30,000 litres

2012

- Increased reactor capacity of the Mahape Facility from 30,000 litres to 45,000 litres

2015

- Acquired land in Dahej SEZ

2016

- Received certificate of recognition from the Directorate General of Foreign Trade as a ‘One Star Export House’

- Achieved turnover of ?100 Crores

- Acquired the manufacturing operations and some land from Solaris Chemtech Limited at Karakhadi, Vadodara, through a business transfer agreement

- Acquired a stake in a partnership firm viz. Dhara Fine Chem Industries

2017

- Commenced manufacturing operations at the Vadodara Facility

Awards and Certifications

2016

- The Company received a Certificate of Recognition from the Directorate General of Foreign Trade as a ‘One Star Export House’ for a period of 5 years with effect from March 15, 2016.

- The Company received an ISO 9001:2008 certification for its manufacturing and supplying of API intermediates, specialty chemicals, agro chemicals and fine chemicals for the Mahape Facility from TuV SUD Management Service GmbH which is valid up to September 14, 2018

- The Company has received an ISO 9001:2015, ISO 14001:2015 and BS OHSAS 18001:2007 certifications from Bureau Veritas Certification Holding SAS for research, development, manufacturing and marketing of brominated specialty chemicals for the Karakhadi, Vadodara Facility


2021

- Commencement Of Commercial Production/ Operations of New Plant Located At Dahej SEZ



2025
-NCLT appoved and sanctioning the Scheme of Amalgamation of Buli Chemicals India Private Limited with Neogen Chemicals Limited and their respective shareholders 

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+
X