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Andhra Petrochemicals Ltd

NSE: ANDHRAPET BSE: 500012

₹43.88

(1.10%)

Tue, 07 Jul 2026, 07:33 am

Company History

1984

  • The Company was incorporated as a Public Limited Company on 18th April.
  • Certificate of Commencement of Business was obtained on 21st May.

1996

  • The company's operations received a setback due to a substantial increase in Propylene price and general recession in the world economy.
  • The company contributed nearly Rs. 1295 lakhs to the National Exchequer in terms of indirect taxes.

2002

  • IDBI appointed Salil Kumar as Nominee Director of Andhra Petrochemicals.

2004

  • Shares of the company were delisted from Hyderabad Stock Exchange and from Madras Stock Exchange.

2009

  • Sri. M Venkateswara Rao was co-opted as Additional Director on the Board of the Company as Nominee of M/s. Andhra Pradesh Industrial Development Corporation Ltd.

2010

  • Sri. Surinder Kumar Kapoor was appointed as an Additional Director on the Board of the Company under Independent Category.

2011

  • Smt Nilam Sawhney was appointed as an Additional Director of the company.
  • Andhra Petrochemicals Ltd recommended a dividend of Re. 1.00 (10%) on equity shares.

2012

  • Andhra Petrochemicals Ltd recommended a dividend of 5% on the equity shares.
  • Smt. Shalini Misra, I.A.S. and Sri S V Kanaka Seshu were appointed as Additional Directors of the company.

2013

  • Sri. K. Rajendra Prasad was appointed as an Additional Director of the company.

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