(i) AMOL DICALITE LIMITED was established in the year 1979 to produce, for the first time in India, Perlite Filteraids and Perlite products under the technical and financial collaboration with an American company Grefco, Inc. USA, pioneers and world leaders of Perlite products.
However, in 2018-19, Grefco Inc., USA, one of the erstwhile Promoters has sold its entire shareholding in the Company to the Indian promoters and accordingly has been declassified as Promoter. Moreover, the Company has also executed the Termination Agreement with GrefcoInc, the USA for the termination of perpetual terms of Technology Agreement which was signed by the Company at the time of its incorporation.
(ii) The company started commercial production in the year 1982. The Company’s Corporate Office is at Ahmedabad and the Plant is located at Kadi in Mehsana District, 50 km, north of Ahmedabad. During the last 38 years, the company makes steady progress in developing import substitution products in Filteraids and has successfully met the requirements of the majority of users.
Today, as on 31.03.2019, from a small beginning of 600 M.Tons per annum, they have now reached about 9000 M.Tons and developed many new applications. During this time the company’s performance improved consistently and is a profitable organization.
(iii) Amol Dicalite Limited in 2018-19, continues to be the largest producer of Perlite based products in the country with a sizeable market share. It commands a strong leadership position in the product market and brand loyalty.
The Company produces high-quality Perlite based products and supplies to domestic as well as international markets.
The Company has a wide range of products to cater to different industries depending upon the application.
(iv) The company also undertakes cryogenic insulation jobs. It has specially designed Portable Plants to carry out ON-SITE jobs. At present, the company owns 7 such Portable Plants. Large jobs have been executed in a short period of time and the technical team has acquired a high degree of expertise in performing these jobs with required high precision working.
|Total Available Shares:||498|
|Face Value:||₹ 10 Per Equity Share|
|Lot Size:||25 Shares|
|Current Unlisted Share Price:||₹ Best in Industry Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
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