| The company was incorporated on July 4, 1989 under the Companies Act, 1956, as a private limited company under the name Audichem India Pvt Ltd. It was converted into a public company on February 15, 1994. The company has established a consistent track record of growth in sales and profitability over the past several years. The company's sales turnover has steadily increased from Rs.268.61 lakhs for the year ending March 1992 to Rs.288.55 lakhs for the year ending March 1993 to Rs.253.36 lakhs for the year ending December 1993 (9 months).
The company is extensively involved in the manufacture of Vinyl Sulphone Parabase - a dye intermediate which has very good export potential and is used a raw material in the manufacture of reactive dyedstuff.
The company's plant at Gujarat has high technology equipment for manufacturing export quality Vinyl Sulphone Parabase. The company has already established an international presence with its product being exported to the world renowned Hoechst A.G. of Germany, U.S.A., England, Thailand and Argentina. The company has been a net foreign currency earner. In recognition of its performance/achievements, the company has been conferred the prestigious "International Gold Star' award for `Excellence in Corporate Image and Quality' by Business Initiatives Directions in Spain. The "International Gold Star" is presently being used in 92 countries. Business Initiatives Directions has been in the field of Business Image since the past 29 years.
2005
-The company has recommended dividend @ 10%
2008
-The company has designated E-mail ID for Investors Complaints: csail@asahisongwon.com
2009
-AksharChem India Ltd has informed that Mr. Munjal M Jaykrishna, Director of the Company, has been appointed as Joint Managing Director of the Company
2013
-AksharChem India Ltd has recommended a final dividend of 5% (Rs. 0.50 per equity share of Rs. 10/- each)
2014
-AksharChem India Ltd has recommended a final dividend of 20% (Rs. 2.00 per equity share of Rs. 10/- each).
2016
-Company has successfully completed the process of expansion of CPC Green Plant with the capacity of 160 MTPM and Copper Sulphate (By Product) Plant with the capacity of 25 MTPM.
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