Sudarshan Chemical Industries Ltd.

YEAR                                                 EVENTS
 1951 - The company was incorporated in 19th February at Pune as a
              private limited company and converted into a public
 limited
              company on 31st December 1974.  It manufactures
 inorganic and
              organic pigments and intermediates.  
 
 1968 - 2,250 Bonus shares issued on 10th April 1969.
 
 1970 - 25,000 Bonus shares issued in proportiion 1:1 on 30th June
 1971.
 
 1973 - The company entered into a 5 year technical collaboration
              agreement with Sericol AG of Switzerland and Sericol
 Group Ltd.
              for the supply of technical knowhow for the manufacture
 of
              fluorescent pigments including fluorescent pastes
 fluorescent
             dispersions and other related products. 
 
           - 50,000 Bonus shares issued in proportion 1:1 on 23rd May
 1974.
 
 1975 - On 8th January, the company entered into a 8 years technical
              collaboration agreement with Sanyo Colour Works Ltd. 
 For the
              manufacture full range of synthetic pearl essences
 including
              drawings designs and specification of plant and
 machinery.
 
           - On 21st January, the company entered into a technical 
             collaboration agreement with Allied Chemical Corporation
 USA for
             the sale and transfer of process, technology and plant
 design for 
             the manufacture of 3.3 dichor benzindine and dihydro
 chloride. 
 
           - Bright Pearl Products Ltd. is a subsidiary of the
 company.
 
 1976 - Shares sub-divided on 26th July 1975.  13,00,000 shares
 offered
              at par to the public in December.
 
 1978 - Shares fully paid-up. 2,70,000 shares issued at par to
 financial
              institutions on conversion of loan.
 
 1979 - As a measure of diversification, the company undertook to set
 up
              a project for the manufacture of organophosphorus
 pesticides at
              Roha in Maharashtra.
 
            - Allotted 60,000 shares to IFCI in July 1978 and 66,000
 shares to
              ICICI in Feb. on conversion of loans.
 
 1980 - The Company had undertaken another project at Roha for the
              manufacture of diazion.
 
 1981 - The interest rate on 13.5% III series 75,000 secured
 redeemable
              debentures of Rs. 100 each and additional 1% linked with
 dividend
              was subsequently, with the approval of Government, was
 raised to
              15% and dividend linked additional interest was
 withdraw.  These
              debentures were being redeemed in four equal annual
 instalments
              beginning at the end of 7th year from the date of
 allotment, i.e. 
              1st December.
 
           - The funds raised through II and III series debentures
 were only
              utilised for working capital purposes.
 
 1982 - The Company undertook a project for the manufacture of
 cadmium
              pigments in technical collaboration with an American
              manufacturer.
 
 1989 - The Company undertook expansion programme for its plants at
 Roha. 
 
            - 11,50,000 shares issued to Dainippon Ink & Chemicals
 Inc. Japan
              on 17th November.
 
 1990 - The Company proposed to set up a new plant in Mahad in 
              collaboration with Dainippon Ink and Chemicals, Inc.,
 Japan.  The
              project was to be implemented out in two phases.
 
 1991 - The Company proposed to undertake a project at Roha to
 increase
              the production of Azo pigments.
 
 1992 - During September/October, the Company issued on rights basis
              7,69,200 No. of equity shares at a premium of Rs. 100
 per share
              in the proportion of 1:5.  The issue was reported to be
 
              oversubscription.
 
 2000 - Sudarshan Chemical Industires will increase its organic
 pigment capacities
              to cater to the demand in the overseas markets.
 
 2003- 1) nomination of Mr. T Miyashita has been withdrawn and
 therefore ceased to be Director of the Company; 2) Mr. T Tanaka is
 ceased to be Alternate Director to Mr. H Asano and has been appointed
 as Director in place of Mr. T Miyashita; 3) Mr. K Kudo has been
 appointed as Alternate Director to Dr. Koji Oe; 4) Nomination of Mr.
 H Nozawa has been withdrawn and therefore ceased to be Alternte
 Director to Mr. T. Tomiyama; 5) Nomination of Mr. M Ishimori has been
 withdrawn and therefore ceased to be Alternate Director to Dr. Koji
 Oe; 6) Mr. H Wakabayashi has been appointed as Alternate Director to
 Mr. T. Tomiyama; 7) Mr. K Ideta has been appointed as Alternate
 Director to Mr. T Tanaka; 8) Mr. N Tsuji has been appointed as
 Director of the Company in place of Mr. H Asano; 9) Mr. N Miyake has
 been appointed as Alternate Director to Mr. N Tsuji; 10) Nomination
 of Mr. M Takahashi has been withdrawn and therefore ceased to be
 Alternate Director to Mr. T Miyashita; 11) Nomination of Mr. H Asano
 has been withdrawn and therefore ceased to be Director of the
 Company.
 
 
 2006
 
 -The Board of Directors of the Company at its meeting held on June
 30, 2006, inter alia, has recommended a final dividend of Rs 5/- per
 share (50%) subject to the approval of shareholders in the ensuing
 Annual General Meeting of the Company.
 
 2007
 
 -The Company has appointed Intime Spectrum Registry Ltd. as its
 Registrar and Transfer Agents. Members are requested to make all
 future correspondence at the following address of all matters
 concerning the shares :- Intime Spectrum Registry Ltd., Akshay
 Complex, Block No 202, 2nd Floor, Off Dhole Patil Road, Near Ganesh
 Temple, Pune 411 001. Phone No. 020 - 65203395/26053503. Telefax :
 020 - 26053503. E-mail - pune@intimespectrum.com.
 
 
 2008
 
 -Mr. Rajesh B. Rathi, Director ( Promoter Member of Rathi Group) has
 acquired from the open market 51,118 equity shares of Sudarshan
 Chemical Industries Ltd (Target Company) at an average price of
 approximately Rs.140.00 per share.
 
 
 2010
 
 -The Board has appointed Mr. P. S. Raghavan, Company Secretary as
 Compliance Officer.
 
 -The Company at its meeting held on May 29, 2010, has recommended
 dividend of Rs. 12.50/- per share on a face value of Rs. 10/- (125%)
 subject to the approval of the shareholders in the ensuing Annual
 General Meeting.
 
 2011
 
 -SudarshnChem - Sudarshan purchases Cosmetics natural mica
 pearlescent portfolio from Eckart.
 
 
 2012
 
 -Sudarshan announces 5 Star safety ranking from British Safety
 Council.
 
 -Sudarshan announces Award of Sword of Honour from British Safety
 Council.
 
 2013
 
 -Board has recommended a dividend of Rs.12.50/- per share on a face
 value of Rs.10/- i.e. 125% for the year 2013.
 
 2014
 
 -Board has recommended a dividend of Rs. 15/- per share on face value
 of Rs. 10/- (150%) for the yaer 2014.
 -Sudarshan Chemical Industries has announces bonus in the ratio of
 1:1
 -Sudarshan Chemical Industries has splits its face value from Rs 10/-
 to 2/-
 
 2015
 -Sudarshan Chemcials bags Six awards for Excellence in People
 Practices
 -Mega Project status by the Government of Maharashtra under the
 Package Scheme of Incentives
 -Sudarshan's Incorporation of a Wholly-Owned Subsidiary (WOS) in
 China
                                         
 2016
 -The Company has won 4 awards at the World HRD Congress which was
 conducted in Mumbai.
 
 2017
 -Sudarshan Chemical commissions 8.24 MW Cogen plant at Roha.
 -Sudarshan Chemical bags Golden Peacock Award for CSR.
 
 2018
 -Company Has Received The India CSR Award For CSR Community
 Initiative For FY 2017-18.