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Gulshan Sugars and Chemicals
BSE: 524184|ISIN: INE193C01029|SECTOR: Chemicals
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Gulshan Sugars and Chemicals is not traded in the last 30 days
Gulshan Sugars and Chemicals is not listed on NSE
Company History - Gulshan Sugars and Chemicals
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.
 
 PROMOTERS :-
 
 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,
 U.S.A.
 
 2000 - Gulshan Sugars & Chemicals is being demerged into three
        independent companies.
 
      - The Board approved for each shareholder holding 100 equity
 shares
        of Rs 10 face value in Gulshan Sugars & Chemicals shall be
 issued
        80 equity shares of Rs 10 face value in Gulshan Sugars &
        Chemicals, 50 and 20 each equity shares of Rs 10 each in two
 new
        resultant companies.
 
      - The Company has spin off its three units into three different
        companies as part of its restructuring drive.(no details of
 units
        given in paper).
Source : Dion Global Solutions Limited
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