YEAR                                                        EVENTS
 1987 - The Company was incorporated on 20th November.  The
 Certificate
        of Commencement of Business was obtained on 26th November. 
 The
        Company has been promoted by Herdillia Chemicals Limited (HCL)
 in
        technical collaboration with Uniroyal Chemical Co. Inc., USA. 
 
 
      - The main objective of the company is to manufacture
        Ethylene-Propylene Copolmers, Terpolymers & Rubbers (EPM/
 EPDM).
 
      - The Company is setting up a new industrial undertaking for
 the
        manufacture of 10,000 tpa of EPM/EPDM Rubbers in the
 Trans-Thane
        Creek Area, Thane, Maharashtra.
 
      - The Company entered into an agreement with Uniroyal Chemial
 Co.,
        Inc., USA for technology for EPM/EPDM, process know-how,
 training
        startup, commissioning assistance etc.
 
 1992 - During June, the Company issued 9,00,000 partly convertible
        debentures of Rs. 200 each 45,000 debentures were issued to
        employees of the Compay and those of HCL respectively (only
        29,860 debentures taken up).  Balance 8,55,000 debentures
 were
        issued to the public.  
 
      - Additional 1,12,140 debentures were allotted to retain
        oversubscription.  Accordingly 99,70,000 shares were allotted.
 
        Rs. 100 of the face vlaue of each debenture was to be
 converted 
        into 10 equity shares of Rs. 10 each on the date of allotment.
 
 
      - Balance Rs. 100 of the face value of each debenture was to be
        redeemed in three instalments on the expirty of 7th, 8th and
 9th
        years respectively from the date of allotment of debentures.
 
 1993 - 70, No. of equity shares subscribed for by signatures to the
        Memorandum of Association.  49,03,990 No. of equity shares of
 Rs.
        10 each issued to Heredillia Chemicals (HCL).  11,41,330
 shares
        allotted to Uniroyal Chemical Co. Inc., USA (UCC). 
 147,34,610
        No. of equity shares were then issued along with partly
        convertible debentures as follows: 
 
      - (i) 95,67,940 shares reserved for allotment to promtoers,
        directors, their friends.  
 
      - (ii) 18,36,670 to UCC.  
 
      - Balance 33,30,000 shares were issued to the public. 
 Additional 
        22,50,000 shares allotted to retain oversubscription
 (3,60,000
        shares to public; 10,33,338 shares to promoters and 8,56,662
        shares to Uniroyal Company USA).  
 
 2001 
 
 -ICRA has assigned rating of LC- to the proposed non convertible
 debenture programme of the company.
 
 2007
 
 -Unimers India designated E-mail ID for Investor Complaints:
 investorservices@unimers.com