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Company Information

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APT PACKAGING LTD.

16 May 2025 | 12:00

Industry >> Packaging & Containers

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ISIN No INE046E01025 BSE Code / NSE Code 506979 / APTPACK Book Value (Rs.) -10.55 Face Value 10.00
Bookclosure 30/09/2024 52Week High 91 EPS 0.00 P/E 0.00
Market Cap. 31.08 Cr. 52Week Low 31 P/BV / Div Yield (%) -5.60 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Anil Chemicals Limited (ACL) was incorporated on 24th June, 1980 as a Private Limited Company under the name of Anil Chemicals Private Limited with the Registrar of Companies, Maharashtra at Bombay. The Company was converted into a Public Limited Company in 1985 and renamed Anil Chemicals Limited. ACL is engaged in the manufacturing of Prilled Ammonium Nitrate, Ammonium Nitrate -Fuel Oil mixed (ANFO)/ Emulsified Bulk Explosives and Waterproofing Compounds with plants at Chikalthana (M.S.), Panoli (Guj.) , Waidhan(M.P.) and Nandrabad (M.S.).

Ammonium Nitrate Division ACL has been engaged in the manufacturing of Prilled Ammonium Nitrate at Chikalthana, Aurangabad since 1983. The plant was set up with technical assistance from PDIL, Sindri. The plant manufactures chemically coated free flowing, low density/high density, explosive grade Pried Ammonium Nitrate. In 1992-93, ACL set up another plant to make Granular and Lumps Ammonium Nitrate at Panoli, Gujarat based on Ammonium Nitrate Melt from GNFC, Bharuch. With this ACL has been able to offer complete range of Ammonium Nitrate to its customers.

The Company has established itself as a major supplier of various grades of ammonium nitrate and enjoys market Share of more than 30% in the country today. ACL's major customers includes ACC, Sesa Goa, Mineral Ore Exploration Cos.etc.

Bulk Explosive Division As a part of forward integration programme, ACL went into manufacture of Ammonium Nitrate-Fuel Oil (ANFO) bulk explosives in 1986-87 at Waidhan, Dist.Sidhi, (M.P.) for regular supply of ANFO explosives to Northern Coal-fields Ltd., subsidiary of Coal India Limited (CIL). ANFO explosives are the latest generation explosives used for the mining and have been fast replacing conventional explosives such as cartridge explosives etc. due to various inherent advantages of the product such as ease of handling, safe in nature, cost effectiveness, etc. The Company has a long-term contract with CIL for supply of ANFO explosives. ACL also has facilities at the same plant for making Emulsion Matrix which is used in making Emulsified ANFO Explosives.

ACL intends to set up similar support plant at Jharsugda, Orissa for supply of ANFO Explosives to other subsidiaries of Coal India Limited. The expenditure for the plant will be met through internal accruals.

Water Proofing Division

In 1989-90 ACL diversified into manufacturing of Waterproofing Compound (WPC) under technical collaboration with M/s. Atomised Materials Inc. USA at Nandrabad near Aurangabad. The Company is enlarging its product mix so as to include integral waterproofing compound etc., which will enable the Company to make its market operations more flexible. The performance of this division of the Company has been marginal till now due to limited nature of product- mix. The Company is in the process of developing more products in the same line to suit the different user conditions.

MAIN OBJECTS OF THE COMPANY

The main objects for which the Company is established are:

1) to carry on the business of manufacturers of and dealers in chemicals, chemical compounds and chemical products including explosives, laboratory and scientific chemicals, chemicals of any nature used for capable of being used in the explosive industry, all types of chemical perfumes and flavouring chemicals, rubber chemicals, marine chemicals, petro chemicals, fertilisers, industrial chemicals or any mixtures, derivatives and compounds thereof, analytical chemicals, dry salters, oil and colourmen, manufacturers of and dealers in all kinds of heavy chemicals, basis chemicals, acids, alkalies, hormones troce, elements, and of electrical chemicals, photographical chemicals, drugs, medicines, pharmaceuticals, anti-biotics, tammins, extracts, essences, photographical, sizing industrial and other preparators, preparations solvents, cements oils, paints pigments, lac and varnishes, lacquers, finishes, compounds dyes, dye-stuffs, organic or mineral intermediates, paints, colour, textile chemicals, auxilliaries, cellophane, colours, colouring material, disinfectants, insecticides, fungicides, fumigants, weedicides, pesticides, deodorants as well as bio- chemical, bleaching preparations etc.,

2. To carry on the business in India and elsewhere of designing, manufacturing, developing, improving, hiring, repairing, buying, selling, exporting and dealing in all types of agricultural and earth-moving equipment and other machinery, apparatus, tools, equipment required for manufacture of explosives, chemicals, dyes paints, drugs and for application of various explosives.

3. To carry on the business of industrial consultancy and render technical services in the fields of industry.

Other objects

To design, produce, manufacture, sell, distribute, deal in and dispose off and/or to engage in the business of various kinds of materials including aluminium, collapsible tubes, laminated collapsible tubes and other hi-tech packaging material including co-extruded plastic tubes and boxes, containers, barrels, of various types and forms made of wood, metal, corrugated sheets, tin-plates, craft and craft papers, rubber plastics and glass.

The present and proposed activities of the company are within the purview of the objects of the company as set out in the Main Objects and Other Object clauses of the Memorandum of Association of the company.

SUBSIDIARIES M/s Navneet machines Manufacturing Company Ltd. - The company has not done any business since inception.

2008

-Anil Chemicals & Industries Ltd has informed that in accordance to the Board Resolution dated March 19, 2008 and subsequent approval of the Extraordinary General Meeting of the Company dated April 30, 2008, the name of the Company has been changed to "Apt Packaging Ltd" from "Anil Chemicals and Industries Ltd".