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Gujarat Heavy Chemicals Ltd.

BSE: 500171 | NSE: GHCL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE539A01019 | SECTOR: Chemicals

BSE Live

Jul 13, 16:00
156.05 -4.30 (-2.68%)
Volume
AVERAGE VOLUME
5-Day
100,402
10-Day
58,897
30-Day
36,499
33,806
  • Prev. Close

    160.35

  • Open Price

    160.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Jul 13, 15:59
156.55 -4.00 (-2.49%)
Volume
AVERAGE VOLUME
5-Day
944,999
10-Day
567,402
30-Day
369,462
242,083
  • Prev. Close

    160.55

  • Open Price

    161.90

  • Bid Price (Qty.)

    156.55 (563)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Gujarat Heavy Chemicals
YEAR                       EVENTS
 1983 - The Company was incorporated on 14th October, & obtained the
        Certificate of Commencement of business on 5th December.  It
 was
        promoted in the joint sector by the Gujarat Industrial
 Investment
        Corporation, Ltd.(GIIC), GTC Industries Ltd. (formerly known
 as
        Golden Tobacco Co. Ltd.), Dalmia Dairy Industries Ltd., their
        wholly owned subsidiaries and other investment Companies,
 Indian
        & NRI Associates.
 
      - The company undertook to setup a plant for the manufacture of
        1,200 tonnes per day of soda ash both light and dense
 varieties.
 
 1984 - On 9th January, the company entered into technical
 collaboration
        agreement with a consortium of Akzo Zout Chemie Netherland
 and
        Klockner Industries Anlagen, GmbH, W. Germany for supply of
        technical knowhow, basic engineering package and supervision
 of
        erection and commissioning of the project.
 
      - The Company retained the services of Humphreys & Glasgow
        Consultants Pvt. Ltd., as the Indian Consultants to render
        consultancy services for detailed engineering, procurement,
        erection, supervision and assistance in commissioning.
 
 1986 - 15 shares subscribed for by the signatories to the Memorandum
 of
        Association.  7,19,99,985 shares were then issued at par of
 which
        the following shares were reserved and allotted on a firm
 basis:
 
      - (i) 1,87,49,991 shares to GIIC;
 
      - (ii) 129,99,994 shares to GTC Industries, Ltd. and Dalmia
 Dairy
        Industries, Ltd. (Co-promoters) and
 
      - (iii) 50,00,000 shares to non-resident Indians on
 repatriation
        basis.  Out of the remaining 3,52,50,000 shares, the
 following
        shares were reserved for preferential allotment:
 
      - (i) 1,38,80,000 shares to non-resident Indians on
 repatriation
        basis (only 59,22,600 shares taken up);
 
      - (ii) 36,00,000 shares to employees (including Indian working
        directors)/workers of the Company and promoters/co-promoter
        companies; (only 1,68,400 shares taken up);
 
      - (iii) 18,70,000 shares to shareholders of co-promoter
 companies
        and associate company (none were taken up) and 15,00,000
 shares
        to farmers, agriculturists and co-operative societies and
 rural
        investors (only 11,18,900 shares taken up).
 
      - The balance 1,44,00,000 shares along with the unsubscribed 
        portion of 1,36,40,100 shares out of the preferential quota,
 were
        offered for public subscription during August 1987.
 
 1988 - The soda ash was marketed under the brand name GHCL Soda Ash.
 
 1989 - Lime Kiln was installed in order to overcome the low activity
 of
        lime produced in the lime kiln.
 
 2002
 
 -Appoints Mr J P Mehrotra as the company secretary.
 
 -Allots new shares pursuant to the amalgamation of Sree Meenakshi
 Mills Ltd.
 
 -Board approves the amalgamation of Icon Data Management Ltd with the
 company.
 
 -Appoints Mr D Rajgopalan as the Director on the Board, Mr Mahesh
 Kheria is re-appointed as Alternate Director for Mr S H Ruparell.
 
 2003
 
 -Changes in the Management Structure:
 Mr S K Mukherjee steps down as MD from the company.
 Mr P Sampath and Mr R S Jalan, Executive Directors are redesignated
 as the Sr. Executive Director 
 Mr Shyamsundar Vishwanath gives resgination as the director from the
 Board.
 
 -Appoints Mr Chaman Kumar as the Director of the company.
 
 -Members approve the authorisation of delisting of equity shares from
 Calcutta and Delhi Stock Exchanges.
 
  - Gujarat Heavy Chemicals Ltd has informed that with effect from
 November 21, 2003, the name of the Company has been changed from
 'Gujarat Heavy Chemicals Limited' to 'GHCL Limited'.
 
 2004
 
 -Gujarat Heavy Chemicals Ltd has informed that pursuant to the
 application made by the company for voluntary delisting of shares
 from the Delhi Stock Exchange Association Ltd (DSE), the DSE has
 confirmed that the equity shares of the company have been delisted
 w.e.f. December 29, 2003.
 
 2006
 
 -GHCL picks up UK`s Rosebys for Rs 180 cr
 
 2007
 - Ghcl Limited has appointed Mr. Bhuwneshwar Mishra, as Company
 Secretary of the Company with immediate efect.
 
 2008
 
 - GHCL to takeover soda ash cos in US, China.
 
 - GHCL - FCCB - Secod Reset Price.
 
 2009
 
 - GHCL - Repurchase of FCCBs.
 
 2010
 
 - GHCL - Appointment of Additional Director.
 
 - GHCL - Change in Directorship.
 
 2011
 
 - GHCL - Repurchase / buyback of Foreign Currency Convertible.
 
 - GHCL Ltd - Change in Director(s).
 
 2012
 
 - GHCL - Change in Directorate.
 
 - Promoted in joint sector by Dalmias and Gujarat Government In
 India .
 
 2013
 
 -  Company has submitted to BSE a copy of the details regarding
 Employees Stock Option Scheme (ESOS) of the Company in the prescribed
 format vide SEBI Circular dated January 17, 2013 read with Clause 35C
 of the Listing Agreement.
 
 - The Creditors Committee of SC GHCL Upsom SA, Romania, (GHCL Upsom)
 in their meeting held on March 18, 2013 has decided to accept the
 highest bid of Euros 6.00mn made by Aloref SRL in association with
 Ascom International SRL.
 
 - GHCL Employee Stock Option Trust has sold 5,00,000 (Five Lac)
 equity shares of the Company on April 26, 2013 in open market.
 
 - GHCL Employees Stock Option Trust has further sold 52,151 equity
 shares of the Company in the open market in trenches between December
 09, 2013 to December 20, 2013.
 
 - GHCL Employees Stock Option Trust has further sold 13,312 equity
 shares of the Company in the open market In trenches between December
 23, 2013 to December 27, 2013.
 
  
 2014
 
 - GHCL Employees Stock Option Trust has further sold 14,339 equity
 shares of the Company in the open market In trenches between December
 30, 2013 to January 03, 2014.
 
 - GHCL Employees Stock Option Trust has further sold 17,735 equity
 shares of the Company in the open market in trenches between January
 06, 2014 to January 13, 2014
 
 - The Company has successfully won the case filed against the order
 dated August 06, 2013 passed by Adjudicating Officer of SEBI which
 the company went into an appeal before Honble Securities Appellate
 Tribunal (SAT).
 
 - GHCL Employees Stock Option Trust has further sold 14,339 equity
 shares of the Company in the open market in trenches between December
 30, 2013 to January 03, 2014.
 
 2015
 -GHCL Ltd. Indian England NV, a wholly owned subsidiary company in
 Netherlands