YEAR                       EVENTS
 1983 - India Glycols Ltd was incorporated at New Delhi on 19th
 November
        as a public limited company as `U.P. Glycols Limited' and
        obtained the Certificate of Commencement of Business on 3rd
        February, 1984.  The company was promoted by Vam Organic
        Chemicals Ltd.  The company manufacture mono-ethylene glycol
        (MEG), diethylene glycol (DEG) and triethylene glycol (TEG).
 
      - The company entered into a technical know-how agreement with
        `Scientific Design Company Inc., USA (SD) for the supply of
        process know-how only for the conversion of ethanol into MEG
 as
        the promoter VAM agreed to advise free of cost on the
 conversion
        process of molasses into ethanol.
 
      - The company also entered into an agreement with Toyo
 Engineering
        India Ltd., for implementing the project within guaranteed
 cost
        and time limit.
 
 1986 - The name of the Company was changed to `India Glycols
 Limited'
        effective from 4th September.
 
 1988 - 70 shares subscribed for by the signatories to the Memorandum
 of
        Association.  244,99,930 shares then issued at par of which
        84,69,930 shares to promoters, directors, etc., and Vam
 Organic
        Chemicals Ltd., and its wholly owned subsidiaries and
 25,00,000
        shares to shareholders of Vam Organic Chemicals Ltd.,
 Ramganga
        Fertilisers Ltd., and Hindustan Wires Ltd., were reserved and
        allotted.  Out of the remaining 135,30,000 shares, the
 following
        shares were reserved for preferential allotment: (i)
 15,00,000
        share to UTI, (ii) 7,50,000 shares to SBI Capital Markets
 Ltd.,
        (iii) 30,00,000 shares to NRIs on repatriation basis, (iv)
        2,50,000 shares to business associates, (v) 10,00,000 shares
 to
        farmers and rural investors and (vi) 12,25,000 shares to
        employees/workers of the company as also of the Vam Organic
        Chemicals Ltd. (Except 12,01,100 shares of the employees
 quota
        all shares taken up.)  The balance 58,05,000 shares along
 with
        12,01,100 shares not taken up by employees were offered to
 the
        public in July 1988.
 
      - Additional 33,82,500 shares allotted to retain
 oversubscription
        (7,50,000 shares to NRIs, 62,500 shares to business
 associates,
        8,12,500 shares to farmers and 17,57,500 shares to public).
 
 1990 - The Company received approval for expanding the MEG capacity
 upto
        60,000 MT per annum.  The Company proposed to diversify into
 the
        field of Ethylene Oxide (EO) derivatives and had received
 letter
        of intent for the manufacture of 1000 MT per annum of EO
        derivatives.
 
 1991 - Steps were initiated to undertake divesification programme to
        manufacture Ethylene Oxide condensate/derivatives.  The
 Company
        undertook the expansion of effluent treatment and Biogas
        generation facilities.
 
 1992 - The Capacity of MEG was enhanced to 25,000 tonnes per annum.
 
 1995 - The company had tied up with Sanyo Chemical Industrial
        Surfactants Covering major industries like textiles,
 toiletries,
        pharmaceuticals, agrochemicals, paper, lubricants etc.
 
      - The Company also proposed to set up facilities for
        chlorosulphation to produce other speciality chemicals to
        maintain better quality standards.
 
 1996 - The Company was implementing cholorosulphation project.
 
 2003
 
 The Board of Directors at their meeting held on December 4, 2003 have
 approved the merger of wholly owned subsidiary company CDS
 International Ltd with the company.
 
 The Board of Directors at their meeting held on December 4, 2003 have
 approved the merger of wholly owned subsidiary company CDS
 International Ltd with the company.
 
 2009
 
 - India Glycols Ltd has informed that the Board of Directors of the
 Company at its meeting held on July 30, 2009, has appointed Shri.
 Rakesh Bhartia as Chief Executive Officer of the Company.
 
 2010
 
 - India Glycols Ltd has appointed Shri Jitender Balakrishnan as
 Additional Director of the Company w. e. f. August 13, 2010 who shall
 hold office till the conclusion of Next Annual General Meeting of the
 Company.
 
 
 2011
 
 -India Glycols Ltd has that the Biomas based Cogeneration Project
 activity taken up by India Glycols Ltd. at its Gorakhpur, U.P. plant
 is successfully registered under Clean Development Mechanism (CDM)
 project by United Nations Framework Convention.
 
 
 2012
 
 -India Glycols Limited’s National Long- Term rating to 'Fitch
 A-(lnd)' from ‘Fitch BBB+(ind). The Outlook is Stable.