Company History - Apcotex Industries
1986 - The Company was incorporated as a private limited company
was converted into a deemed public limited company with
from May 12, 1988. The main object of the Company is to
manufacture and trade in wide variety of synthetic rubber and
lattices used in the Tyre, Paper, Textile and carpet
and synthetic rubber used in footwear industry.
1990 - The Company took over Apcotex Division of Asian Paints. The
Company manufactures Vinyl Pyridine Latex, an important raw
material for Tyre industry at Taloja, Maharashtra in
collaboration with Chemische Werke Huls (CWH).
1995 - The company has undertaken expansion of capacities to
10,000 MT of Synthetic Rubber from the existing 1500 MT at a
of Rs 30 crores.
- Apcotex Financial Services Ltd. is the subsidiary of the
1997 - 4,76,071 No. of equity shares of Rs 10 each at a premium of
105 per share allotted to the shareholders holding odd lots
50 shares for converting odd lot in to market lot. 5,00,000
of equity shares of Rs 10 each at a prem. of Rs 105 per share
allotted to the promoters through firm allotment. 14,400 No.
equity shares of Rs 10 each at a premium of Rs 105 per share
allotted to the employees of the company. 1,09,550 No. of
shares of Rs 10 each at a prem. of Rs 105 per share allotted
-Company has changed its name from Apcotex Lattices Ltd. to Apcotex
- Apcotex Industries Limited has appointed Shri. Abhiraj Choksey as
the Managing Director of the Company for a period of three years with
effect from May 01, 2010. Further Shri. Abhiraj Choksey was serving
the Company as the Executive Director of the Company from May 01,
2005 and his term expires on April 30, 2010. Shri Sanjay Kumar Lahiri
was appointed as Whole-time Director and CEO of the Company from June
04, 2007 and his term expires on June 03, 2010.
-Apcotex Industries Ltd. - Taloja has achieved a EXCELLENT grade in
Telos Safety Rating System which is an improvement over that achieved
in the year May 2010
-Apcotex was awarded the Total Productive Maintenance (TPM)
Excellence Award Category A in March'2012 by the Japan Institute of
Plant Maintenance (JIPM).
-Apcotex Industries Ltd has recommended a dividend of Rs. 8/- per
-Apcotex Industries have recommended Dividend of Rs. 9.00 (Rupee Nine
only) per equity share of Rs. 10/- each (@ 90%).
-Apcotex Industries has splits its face value from Rs 10/- to 5/-
-Apcotex Industries had recommended a dividend of Rs. 5 per share (on
fully Paid up equity share of Rs. 5/- each).
-The Company has allotted the Bonus Shares to its shareholders in the
Ratio of 1:1.