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Asahi Songwon Colors Ltd
NSE: ASAHISONG BSE: 532853
₹258.92
(0.40%)
Mon, 22 Jun 2026, 05:02 am
Market Cap (in Cr)303.7
PE Ratio16.26
Dividend0.58
Process Industries
Chemicals: Specialty
24.5KCompany History
1990
- The company was incorporated as Lucky Laminates Private Limited.
1996
- The company converted into a public company.
- The company's name was changed to Asahi Songwon Colors Limited.
- The scheme of amalgamation of Asahi Dyechem Pvt. Ltd. with Lucky Laminates Pvt. Ltd. was passed by the High Court of Gujarat.
- A Technology Collaboration Agreement and Buy-Back Agreement were signed with Clariant Songwon Color, South Korea for CPC Green Crude.
2000
- The company won the award for outstanding export performance for the year 1998-99 from the Government of Gujarat.
2003
- A new unit for the production of CPC Blue was established at Dudhwada, Baroda Unit.
- A Technical Transfer Agreement and Supply Agreement were signed with Clariant Songwon Color, South Korea for CPC Blue Crude.
2004
- The Dudhwada Plant received recognition as a 100% Export Oriented Undertaking.
- The company received ISO 9001:2000 certification for CPC Green at Indrad Plant.
2005
- Production of CPC Blue Crude started at Dudhwada, Baroda Unit.
2006
- The company received ISO 14001:2004 certification.
2007
- The equity shares of Asahi Songwon Colors Ltd were listed.
- Asahi Songwon Colors recommended a payment of dividend of 10%.
2008
- Asahi Songwon Colors recommended a dividend of 12%.
2009
- Asahi Songwon Colors recommended a dividend of 10%.
2010
- Asahi Songwon Colors recommended a final dividend of 10%.
2011
- Asahi Songwon's Equity Shares were listed at the National Stock Exchange of India Ltd (NSE).
- Asahi Songwon Colors recommended a final dividend of 20%.
2012
- Asahi Songwon recommended a final dividend of 22.50%.
2013
- The Board recommended a final dividend of 35%.
2014
- The Board recommended a final dividend of 35% for the year 2014.
- The company received the Platinum Award for outstanding export programme.
2016
- Asahi Songwon Colors Ltd. shifted its office to Asahi House, 13, Aaryans Corporate Park, Thaltej-Shilaj Road, Thaltej, Ahmedabad.
2023
- The company's wholly owned subsidiary, Atlas Life Sciences (India) Private Limited, commenced commercial production of API-Intermediate at its new plant at Chattral, Gandhinagar, Gujarat.
2024
- The Company acquired the remaining 22% stake in Atlas Life Sciences Private Limited.