India Glycols Ltd
NSE: INDIAGLYCO BSE: 500201
₹328.55
-21.30 (6.09%)
Fri, 23 Oct 2026, 03:13 am
Market Cap (in Cr)2351.3
PE Ratio6.75
Dividend3.56
Process Industries
Chemicals: Specialty
24.5KIndia Glycols Ltd Company History
1983
- India Glycols Ltd was incorporated at New Delhi on 19th November as a public limited company as `U.P. Glycols Limited'.
- The company entered into a technical know-how agreement with Scientific Design Company Inc., USA.
- The company entered into an agreement with Toyo Engineering India Ltd. for implementing the project within guaranteed cost and time limit.
1984
- The company obtained the Certificate of Commencement of Business on 3rd February.
1986
- The name of the Company was changed to `India Glycols Limited' effective from 4th September.
1988
- 70 shares were subscribed for by the signatories to the Memorandum of Association.
- 244,99,930 shares were issued at par.
- Additional 33,82,500 shares were allotted to retain oversubscription.
- The balance 58,05,000 shares along with 12,01,100 shares not taken up by employees were offered to the public in July 1988.
1990
- The Company received approval for expanding the MEG capacity upto 60,000 MT per annum.
- The Company proposed to diversify into the field of Ethylene Oxide (EO) derivatives.
1991
- Steps were initiated to undertake diversification programme to manufacture Ethylene Oxide condensate/derivatives.
- The Company undertook the expansion of effluent treatment and Biogas generation facilities.
1992
- The capacity of MEG was enhanced to 25,000 tonnes per annum.
1995
- The company tied up with Sanyo Chemical Industrial Surfactants.
- The Company proposed to set up facilities for chlorosulphation to produce other speciality chemicals.
1996
- The Company was implementing the cholorosulphation project.
2003
- The Board of Directors approved the merger of wholly owned subsidiary company CDS International Ltd with the company.
2009
- Shri. Rakesh Bhartia was appointed as Chief Executive Officer of the Company.
2010
- Shri Jitender Balakrishnan was appointed as Additional Director of the Company.
2011
- The Biomas based Cogeneration Project activity taken up by India Glycols Ltd. at its Gorakhpur, U.P. plant was successfully registered under Clean Development Mechanism (CDM) project by United Nations Framework Convention.
2012
- India Glycols Limited's National Long- Term rating was upgraded to 'Fitch A-(ind)' from 'Fitch BBB+(ind)'.
2013
- India Glycols was awarded Business Leader of the year- Innovation.
2014
- India Glycols was honoured with the silver award for being one of the highest foreign exchange earners in the Chemicals, Drugs, Pharma and allied sector.
- India Glycols was awarded The ICONIC IDC Insights Award in the manufacturing and logistics vertical.
2015
- Soulmate Premium Whisky won the Gold Award at Monde Selection 2015 for its logo.
2016
- India Glycols, Kashipur, won the BIRAC Innovator Award 2016.
- India Glycols won the prestigious gold award for outstanding export performance in the chemicals panel - large scale sector category.
- India Glycols was conferred the ICC Award for Excellence in Energy Conservation and Management.
2017
- CHEMEXCIL awarded India Glycols for outstanding export performance.
2018
- India Glycols was honoured for efficiency in energy usage in the petrochemical sector at the FICCI Chemicals and Petrochemicals Awards 2018.
2020
- The company started Distillery operations and production of Hand Sanitizer.
2024
- The Company enhanced the capacity of Grain Based Distillery and facility/project for New Specialty Chemical.
