IG Petrochemicals Limited (IGPL) was incorporated on 18th October,
1988, and obtained a certificate of commencement of business on 31st
October, 1988. It is promoted by Mysore Petro Chemicals Limited
(MPCL) together with its associate companies in technical and
financial collaboration with Lurgi GmbH, Germany.
The immediate object of the Company is to set up a 100% Export
Oriented Unit (EOU) for the manufacture of Phthalic Anhydride (PAN)
at Taloja in Maharashtra. The licensed capacity of the plant is
45,000 tpa and compares well with international plant sizes and would
be the largest plant in India.
The Company is promoted by M/s Mysore Petrochemicals Limited (MPCL)
together with its Associate Companies in financial and technical
collaboration with M/s Lurgi GmbH of Germany.
Shri S S Dhanuka (Chairman) has more than 20 years experience in the
same Industry and he is the Managing Director of Mysore Petro
Chemicals Limited (MPCL) since 1973. Shri M M Dhanuka (Director) is
a qualified Chemical Engineer and he has extensive experience of the
working of Phthalic Anhydride plant being associated with MPCL since
-Delists shares from Delhi Stock Exchange (DSE) w.e.f. March 20,
- IG Petrochemicals Ltd has informed that the Board of Directors of
the Company at its meting held on July 28, 2009, inter alia, has
appointed Prof. A K A Rathi as an Additional Director (Non-Executive
and Independent) on the Board of the Company.
- Re-appointment of Mr. Nikunj Dhanuka as Managing Director.
- Mr. J. K. Saboo as Executive Director of the Company.
-Registered Office of the Company has been shifted From 211, 2nd
floor, Kamat Towers, EDC Complex, Patto Plaza, Panaji, Goa - 403 001
To T-10, 3rd floor, Jairam Complex, Mala, Neugi Nagar Panaji, Goa -
- Mr. P H Ravikumar has joined the Board as an Independent Director.