YEAR                                                    EVENTS
 1956 - The Company was Incorporated on 30th June, as a private
 limited
              company under the name and style of Atul Drug House,
 Ltd.  In 
              1960, it was a deemed public limited company under
 Section 43A
              of the Companies Act, 1956.  The Company's object is to
              manufacture formaldehyde, hexamine, Pentaerythritol,
 fatty
              alcohols and polyacetal resins.
 
            - In July, the paid-up capital of the Company was Rs.5,000
 divided
              into 50 shares of Rs.100 each.  The capital of the
 Company was
              increased by Rs.45,000 by allotment of 450 No. of equity
 shares 
              of Rs.100 each in March 1960.
 
 1960 - In December, the paid-up share capital of the Company was 
              increased by Rs.5,50,000 by allotment of 5,500 No. of
 equity
              shares of Rs.100 each.  
 
 1962 - The Company installed its first plant for the manufacture of
              formaldehyde and hexamine at Kandla.
 
 1966 - In December, the paid-up share capital was increased by 
              Rs.24,00,000 by allotment of 24,000 No. of equity shares
 as fully
              paid-up Bonus shares.
 
 1967 - Another plant was put up at Capi near Bulsar in Gujarat State
 for
             the manufacture of 14,400 tonnes of formaldehyde and 540
 tonnes
             of hexamine per annum.
 
 1968 - In February, paid-up capital was further increased by
 Rs.3,00,000
              by adjustment of deposits, by allotment of 3,000 No. of
 equity
              shares of Rs.100 each against loan.
 
 1970 - The Company installed at Vapi a plant for the manufacture of
              Pentaerythritol formaldehyde with a capacity of 1,200
 tonnes per
              annum with the technical knowhow supplied by Joset
 Meissner of
              W.Germany.
 
            - The fluorine chemicals division, however, suffered a
 setback due
               to labour problems and continued shortage of working
 capital.
 
 1971 - Out of the 33,000 shares issued so far, 20,000 shares held by
              East African Match Co., Ltd., 24,000 shares issued as
 bonus
              shares in December 1966 in prop. 4:1.
 
 1975 - Capital reduced by Rs.11,00,000 in terms of the Gujarat High 
              Court order dated 10.10.1975, the Company having
 purchased 11,000
              shares from the minority shareholders.  With this, the
 number of
               bonus shares issued stood reduced to 16,000.
 
 1976 - The name of the company was changed to Atul Chemical
 Industries,
               Ltd. with effect from 14th September.  It became a
 public Ltd. 
               company.
 
 1977 - Before the public issue of shares in December, the Company was
 a
              100% foreign Company.  The objects of the issue of
 shares to the 
              public was to reduce the non-resident holding of 40% and
 to
              finance certain expansion projects.
 
           - Shares subdivided in Dec. 1976, 6,60,000 Bonus shares
 issued in
              March in prop. 3:1.  4 shares of Rs.10 each issued in
 March
              to Indian residents.
 
 1978 - With issue of 74,900 No. of equity shares of Rs.10 each to
              shareholders of Everest Refrigerants, Ltd., the
 non-resident 
              shareholding in the company was reduced to less than
 40%.
 
            - The Company issued 15,80,000 No. of equity shares of
 Rs.10 each 
               at a premium of Rs.12 per share as per RBI approval
 dated 31st
               March, 1992 increasing the non-resident holding from
 38% to 51% 
              (to M/s. Universal Finance Development Co. Ltd. M/s.
 Finance &
              Development Co. of Jersey, Ltd. both at Bermuda).  These
 shares
              were issued as per revised industrial policy of
 Government of
              India, allowing companies to increase the non-resident 
             shareholding to 51%.
     
           - With effect from 1st December, Everest Refrigerants Ltd.,
 was 
              amalgamated with the Company.  75,900 No. of equity
 shares of
              Rs.10 each and 11% unsecured redeemable bonds of Rs.100
 each of
              the total value of Rs.12 lakhs in the prop. 1 equity
 share of
              Rs.10 each of the Company for every 8 No. of equity
 shares of
              Rs.10 each of Everest Refrigerants held and one 11% bond
 of
              Rs.100 each and 1 equity share of Rs.10 each for every
 five 9.3%
              preference shares of Rs.100 each held; the 11% bonds so
 issued
             are redeemable at the rate of 2,000 bonds per year
 commencing
             from one year after the date of sanction of the scheme
 of
             Amalgamation by the High Court.
 
          - The name of the Company was changed from Atul Chemical
 Industries
             Ltd. to the present one.
 
          - During November/December 1977, 9,20,000 shares offered at
 par to 
             the public.
 
           - 74,900 shares issued without payment in cash to members
 of 
              Everest Refrigerants Ltd. on its merger with the
 Company.
 
 1981 - 9,37,452 Rights equity shares issued at par.
 
 1985 - The operations of the fluorine chemicals division were
 adversely
              affected due to labour problems from October to January
 1986.
 
 1986 - A long term agreement signed with the workers of the fluorine
             division ended on 30th September.  The workers resolved
 to go
             slow and the Company was forced to declare a lock-out
 with effect
              from June, 1987.  The lock-out in the fluorine division
 was
              lifted in April 1988.
 
           - Sales of Hexamine and Sodium formate were adversely
 affected due
              to erractic supplies of methanol.
 
 1990 - During the year, refined glycerine was introduced and received
 a
              good market response.
 
           - The Company issued 29,52,974 No. of equity shares of
 Rs.10 each
              for cash at par.  Of these 28,12,356 shares were offered
 to the
              shareholders on rights basis in the prop. 1:1 (all were
 taken up)
              Additional 3,75,618 shares were allotted to retain 
              oversubscription.  Another 1,40,618 shares were offered
 to the 
              employees (only 3,050 shares were taken up) and
 unsubscribed 
              portion was allowed to lapse.  The allotment of 46,235
 shares was
              kept in abeyance.
 
            - 32,37,259 rights equity shares issued at par, prop.
 1:1.
 
 1991 - Effective from 1st April, the flouring chemical division was
             delinked from the Company.
 
           - 46,235 rights shares kept in abeyance were allotted on
 31.3.1992.
              shares fully called up.
 
 1992 - Further expansion of the capacity at the chemicals storage 
             division from 40,000 KL to 70,000 KL was being
 considered.  
 
           - 15,80,000 No. of equity shares allotted (prem. Rs.12 per
 share)
              to NRI shareholding companies to increase their holding
 from 
              38% to 51%.
 
            - The Company is proposing issue of Rights Shares in the
 ratio
               of 3:5 (i.e 3 new shares for every 5 shares held) which
 would be
               mainly utilised for modernisation and expansion of the
 existing
               facilities, acquiring fixed assets, retiring high cost
 debt and
               improving the debt equity ratio as per package approved
 by 
               financial institutions.
 
 1993 - The Company proposed to enhance the capacity of petrochem
 plant 
              at Vapi by importing foreign technology.  The imported
 plant was 
              expected to be commissioned by Feb./March 1996.
 
            - The Company entered into an agreement with Amit Alcohol
 and 
              Carbon Dioxide Ltd. to acquire on lease its Alcohol and
 
              Pentaerythritol plants resulting in availability of
 additional 
              capacity of 1200 tonnes of Pentaerythritol and
 manufacturing 
              facilities of 6000 KL of Industrial Alcohol.
 
            - Also entered into an agreement for lending portion of
 land at
              Trombay in addition to terminal management agreement for
 LPG.
 
            - During October, the Company issued 45,59,769 No. of
 equity shares
              of Rs.10 each at a prem. of Rs.12 per share on rights
 basis in
              the prop. of 3:5.  All were taken up.
 
            - Another 1,90,800 No. of equity shares of Rs.10 each at a
 prem. of
              Rs.12 per share were offered to the employees.  Only
 1,950 shares
              taken up.
 
 1994 - Negotiation for setting up a new world size Penta Plant with
              foreign collaboration was on for the purpose of
 exporting major
              portion of production.  Also proposed to increase the
 capacity of
              storage terminal by 40,000 KL.
 
           - 45,61,569 rights equity shares allotted during October
 1993.
 
 1995 - 2,81,000 shares converted out of 12,00,000 preference warrants
 at
              a prem. of Rs.41.60.
 
           - The company proposes to carry out expansion in their
 existing
              capacities of their Pettrochem plant at Vapi.
 
           - The company is entering into an arrangement with Amit
 Alcohol and
              Carbon Dioxide Limited, a company having its
 manufacturing
              operiations adjacent to company's plants, to acquire on
 lease its
              Alcohol and Pentaerythritol plants.
 
 1996 - The capacity of the Acetaldehyde plant has been increased to
 6
              TPD from 3 TPD thereby reducing the dependency on the
 outside
              market for the requirement of Acetaldehyde and an
 imported State
              of Art 12000 TPY plant of Formaldehyde was erected and
              successfully commissioned in record time.
 
           - The Company has converted 2,81,000 out of 12,00,000
 Preferential
             Warrants having an issue price of Rs.51.60 into 2,81,000
 No. of
              Equity Shares of Rs.10/-each at a premium of Rs.41.60.
 
 1997 - The Company is in process of finalising a Joint Venture for
 the
               manufacture of Pentaerythritol, which will enhance the
 capacity
               to 15,000 MTS per annum, with the latest technology.
 The proposed
               joint venture partner Perstorp AB of Sweden, is the
 World leader
               in Pentaerythritol technology.
 
             - Pursuant to the scheme of Amalgamation approved by the
 Members
               and Order of High Court of Gujarat at Ahmedabad dated
 2.4.97,
               Amit Alcohol & Carbon Dioxide Ltd. (AMIT) has been
 merged with
               the Company.
 
             - Further pursuant to the Order of High Court, Company
 has allotted
               11,83,400 No. of Equity Shares of Rs. 10/- each to the
               Shareholders of AMIT in the ratio of one equity share
 for every
               four equity shares of AMIT.
 
 1998 - 11,83,400 No. of equity shares of Rs 10 each issued to the
              shareholders of erstwhile Amit Alcohol & Carbon Dioxide
 Ltd. on
               its amalgamation with the Company of which 15,000
 shares held by
               (AMIT) calcelled pursurant to the High Court order.
 
             - During the Year, the Company intends to spin-off the
 Petrochem
               division into a Joint Venture with Perstorp AB of
 Sweden, the
               world's largest producer of pentaerythritol.
 
 1999 - The Petrochemicals Division was hived off to Perstorp Aegis
              Chemicals Ltd., (PACL) a Joint Venture company between
 the
              Company and Perstorp AB, Netherlands.
 
            - During the year Mr. S.V. Ghatalia. Director had resigned
 from the
               Directorship of the Company on grounds of ill-health.
 
 2000 - Hindustan Aegis LPG Ltd, a company promoted by Aegis Chemical
              Industries Ltd, is preparing a package for the members
 of the
              Bombay Taximen's Union (BTU) to convert their vehicles
 from
              petrol or diesel-driven to liquefied petroleum gas (LPG)
 as fuel.
 
 2002
 
 -Aegis Chemical Industries Ltd has informed BSE that consequent to
 the members not approving the resolution for reappointment of
 Directors Mr R R Khimasia and Mr S R Khimasia at the 45th AGM held on
 September 07, 2002 they ceased to be Directors of the Company.
 
 2004
 
  - Mr. Sangameshwar Iyer has been appointed as a Compliance Officer
 of the Company in place of Mr. A Chandarana.
 
 2005
 
 -Aegis Logistics has recommended a dividend of Rs 1.20 per share 
 
 2006
 
 -Ms. Jignasha Shah has been appointed as a Company Secretary  &
 Compliance Officer of the company.
 
 -Aegis Logistics has recommended dividend at Rs 2.50 per share
 
 2007
 
 -Aegis Logistics has recommends dividend at Rs 2.50 per share
 
 2008
 
 -Aegis Logistics has recommended final Dividend at Rs 2.00 per Share
 
 
 -Mr. V H Pandya has been appointed as Additional Director of the
 company.
 
 2009
 
 -Aegis Logistics acquires Shell Gas (LPG) India
 
 2010
 
 -Aegis Awarded BORL Contract
 
 -Aegis enters into a major deal with APM Terminals Pipavav for a Port
 Infrastructure Project.
 
 -Aegis Logistics has given the Bonus in the Ratio of 2:3
 
 2011
 
 -Aegis inks MOU with APM Terminals, Pipavav
 
 -Mr. Shivatosh Chakraborty has been appointed as a Company Secretary
 & General Manager - Legal and compliance officer of the Company
 
 2012
 
 -Aegis Logistics forays into marine bunkering sector to offer fuels
 and servicing solutions
 
 -Aegis Logistics has recommended final dividend @ 20% i.e. Rs.2/- per
 share