Our Company was originally incorporated as `Shiv Texchem Private Limited' as a private limited company under the provisions of the Companies Act, 1956, pursuant to certificate of incorporation dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. ("ROC"/ "Registrar of Companies"), with the name `Shiv Texchem Private Limited' bearing Corporate Identity Number U24110MH2005PTC152341. We are primarily engaged in the business of importing and distribution of hydrocarbon-based chemicals.
Subsequently, our Company was converted from a private limited company to a public limited company pursuant to special resolution passed by our shareholders at an Extra-Ordinary General held on June 11, 2024, and the name of our Company was subsequently changed to `Shiv Texchem Limited.' A fresh certificate of incorporation consequent to conversion dated July 05, 2024, was issued by the Registrar of Companies bearing Corporate Identity Number U24110MH2005PLC152341.
Major events and milestones: 2005 -Incorporation of our Company `Shiv Texchem Private Limited' as private limited company -Started operation with sulphuric acid and caustic -Achieved annual revenue of ? 1,000.00 lakhs
2014 -Achieved annual revenue of ? 5,000.00 lakhs -Consolidated position in sulphuric acid and caustic
2019 -Achieved annual revenue of ? 20,000.00 lakhs -Added new product viz., Phenol -Received "Best Dealer" award from Grasim Limited
2022 -Product portfolio crossed 20 products
2023 -Achieved annual revenue of ? 1,00,000.00 lakhs
2024 -Conversion of our Company from Private Limited to Public Limited Company -Achieved annual revenue of ? 1,50,000.00 lakhs with portfolio of 39 products -Expanded our presence in India -Our Company undertook a bonus issue and allotted Equity Shares in the ratio 7:1 to our current shareholders
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