Vinyl Chemicals (I) Ltd
NSE: VINYLINDIA BSE: 524129
₹218.49
(-1.33%)
Wed, 25 Feb 2026, 04:03 am
Market Cap4.05B
PE Ratio20.95
Dividend3.17
Distribution Services
Wholesale Distributors
24.5KCompany History
1986
- The company was incorporated on 15th May.
- The company obtained the Certificate of Commencement of Business on 10th September.
- The company was promoted by Parekh Group of Companies jointly with SICOM.
1988
- 7 shares were subscribed by signatories to the Memorandum of Association.
- 42,50,000 shares were allotted to Parekh Group of companies.
- 10,00,000 shares were allotted to SICOM.
1989
- 69,00,000 shares were allotted to Parekh Group of companies.
- 19,00,000 shares were reserved for allotment to Indian resident directors of Parekh Group.
- 5,50,000 shares were reserved for allotment to UTI.
- 12,50,000 shares were reserved for allotment to NRIs on repatriation basis.
- 6,07,500 shares were reserved for allotment to employees of the company and those of the promoters companies.
- The remaining shares were offered for public subscription during June-July 1989.
1990
- The company undertook to set up a plant for the manufacture of 10,000 TPA of Vinyl Acetate Monomer.
- Leasehold land was acquired from MIDC at Mahad.
- The plant was commissioned on 25th October.
- The company entered into a technical collaboration agreement with Uhde GmbH.
1991
- The company issued 3,87,000 - 14% secured partly convertible debentures of Rs.125 each on rights basis.
- Additional 58,050 debentures were allotted to retain over subscription.
- 19,350 - 14% debentures were issued to employees on an equitable basis.
1992
- The convertible portion of debentures was automatically converted into 4 equity shares of Rs.10 each.
- 17,82,440 shares were allotted on part conversion of 14% Debentures.
- 4,676 equity shares were forfeited.
1993
- The installed capacity for production of Vinyl Acetate Monomer was expanded from 10,000 TPA to 12,500 TPA.
- The company issued 36,70,612 equity shares of Rs.10 each at a premium of Rs.10 per share on rights basis.
1994
2009
- Shri Santosh Kumar was appointed as an Additional Director of the company.
2010
- Vinyl Chemicals recommended payment of dividend of Re. 0.11 per equity share of Re. 1 each.
2011
- The company recommended payment of a total dividend of Re. 0.50 per equity share of Re. 1 each.
2012
- Vinyl Chemicals recommended payment of dividend of Re. 0.60 per equity share of Re. 1 each.
2013
- The company recommended payment of dividend of Re. 0.80 per equity share of Re. 1 each.
2014
- Vinyl Chemicals recommended payment of dividend of Re. 1 per equity share of Re. 1 each.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800