Meghmani Organics Ltd - (MEGH)
In the year 1986, Mr. Jayanti Patel, Mr. Ashish Soparkar, Mr. Natwarlal Patel, Mr. Ramesh Patel and Mr. Anand Patel formed a partnership firm, M/s Gujarat Industries, to produce pigment blue. On January 2, 1995, M/s Gujarat Industries was converted into a company with the name Meghmani Organics Limited. The company was allotted the Equity Shares to the promoters / partners of the M/s.Gujarat Industries in lieu of the assets and liabilities of the partnership firm.In 1995, the Company has set up facility at Chharodi, Ahmedabad, to manufacture insecticides and agrochemicals. In 1996, the company has expanded its pigment business by purchasing land at GIDC, Panoli near Ankeleshwar and commenced the commercial production. In 1999, The Company has received ISO 9001-2000 certification for the achievement of quality assurance in production, purchasing, marketing and distribution in relation to Vatva, Panoli and Chharodi Plants. In 2003, The Company has acquired assets of Unit II from Rallis India Limited( Ankleshwar), for expansion of Agrochemical production and started commercial production. In 2006, The company has expand the capacity of Cyper Methric Acid Chloride (CMAC) plant at the Ankleshwar unit with a capital outlay of Rs.180 millions and commenced the commercial operation.
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