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Sunshield Chemicals Ltd
NSE: BSE: 530845
₹1019
(2.46%)
Fri, 05 Jun 2026, 07:08 am
Market Cap8.96B
PE Ratio27.59
Dividend0.24
Company History
1986
- The Company was incorporated as a Private Limited Company in the name of SUNSHIELD CHEMICALS PRIVATE LIMITED.
1987
- The Company commissioned its operations to manufacture 900 tpa of Ethylene Oxide Condensates (EOC).
1990
- The Company's EOC capacity was increased to 2100 tpa.
1992
- The Company became a Public Limited Company and changed its name to SUNSHIELD CHEMICALS LIMITED.
- The Company passed a resolution at the Extra-ordinary General Meeting to change its name and status.
1993
- The Company's EOC capacity was increased to 3000 tpa.
- The Company acquired the manufacturing facilities of M/s Dimple Chemicals & Services.
- Trial production of Nonyl Phenol started.
1994
- The shareholding pattern was changed with Mr. Vinaykumar Patwardhan joining Mr. Satish M. Kelkar as co-promoter.
- The Board of Directors was recast.
- The Company's EOC capacity was increased to 4500 tpa.
- The Company acquired a capacity of 1200 tpa of Sulphonates, Sulphates, Esters, Amides through the takeover of M/s Kamal Chemical Industries.
- The Company acquired a capacity of 1500 tpa of EOC through the takeover of M/s Atsuan Chemical Corporation.
- Commercial production of Nonyl Phenol commenced.
- The merger/takeover of Atsuan Chemical Corporation and Kamal Chemical Industries was completed.
2002
- Mr. Devdatta Buche resigned as Company Secretary and Ms. Aarti Kamath was appointed as Company Secretary and Compliance Officer.
- The Company bagged a five-year contract from German chemical giant Altana Chemie AG to supply electrical enamel insulation material.
2005
- The Company bagged a five-year contract from the German chemical giant Altana Chemie AG to supply electrical enamel insulation material.
2006
- The Company issued rights in the ratio of 1:1.
2008
- The Registered Office of the Company was shifted to N K Mehta International House, 178, Backbay Reclamation, Babubhai Chinai Marg, Mumbai - 400 020.
2011
- Sunshield Chemicals renewed its agreement with Elantas.
2013
- Mr. Chen Pu was appointed as a Director of the Company.
2014
- The Company appointed Ms. Sze Wee Ong as Additional Non-Independent Director and Mr. Guo Lin as Director.
2022
- The Company approved a project to enhance the existing antioxidant plant capacity, debottlenecking of the EO/Theic unit and automation.