GULSHAN SUGARS & CHEMICALS LIMITED - is a existing dividend paying
company. The company was originally incorporated as a Private Limited
Company on the 23rd May, 1980 at Muzaffarnagar in U.P. The status of
the company was changed into a Public Limited Company which obtained
a fresh Certificate of Incorporation on the 18th March, 1986 from the
Registrar of Companies U.P. at Kanpur. The company is presently
engaged in the manufacture of activated & precipitated Calcium
Carbonate with an installed capacity of 22500 tonnes per annum. The
company commenced commercial production in December 1981.
The Company has promoted a unit under the name LDC India Pvt. Ltd.
with foreign collaboration of Liquid Development Co., U.S.A. for
manufacturing brush electroplating chemicals. The Plant is located at
Muzaffarnagar, U.P. The foreign equity participation will be of 51
percent. The product activities of the Company is basically to
electroplate the worn-out pieces/jobs of different industries.
The Company has been promoted by Lala Gulshan Rai Jain, chairman,
alongwith his sons Shri Chandra Kumar Jain, Managing Director and
Shri Pradeep Kumar Jain. Lala Gulshan Rai Jain has experience in
business and industry, in the fields of sugars and chemicals. Shri
Chandra Kumar Jain is a Science graduate and a sugar technologist
from the National Sugar Institute Kanpur, Shri Pradeep Kumar Jain is
B.Tech. in Chemical Engg. & M.S. from Washington State University,
2000 - Gulshan Sugars & Chemicals is being demerged into three
- The Board approved for each shareholder holding 100 equity
of Rs 10 face value in Gulshan Sugars & Chemicals shall be
80 equity shares of Rs 10 face value in Gulshan Sugars &
Chemicals, 50 and 20 each equity shares of Rs 10 each in two
- The Company has spin off its three units into three different
companies as part of its restructuring drive.(no details of
given in paper).