Fineotex Chemical Share Price

Fineotex Chemical Ltd is an ISO 9001:2000 certified Company engaged in manufacturing of Specialty Chemicals and Enzymes for various industries. The company manufacture and trade in Specialty Chemicals and Enzymes for Textile & Garment Industry, Construction Industry, Leather Industry, Water Treatment Industry, Paint Industry Agrochemicals, Adhesives and others. They are having their manufacturing facilities situated at Mahape in Navi Mumbai. The company has large number of products and offers an entire range of specialty chemicals used in Textiles & Garments Processing namely the Pre-treatment, Printing, Dyeing and Finishing Process. They also offer specialty performance chemicals to the Leather, Agrochemicals, Construction, Water Treatment, Wood, Sticker and Adhesive Industries etc The company has the latest technology and is continually updated with in "house R&D at their Mahape unit which comprises 2 laboratories. Their products have an established international market in countries like Bangladesh, Indonesia, Bulgaria, Pakistan, Colombia, Singapore, etc. Also, their products are sold in Indian cities like Mumbai, Balotra Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc. Fineotex Chemical Ltd was incorporated on January 30, 2004 as a private limited company with the name Fineotex Chemical Pvt Ltd in the State of Maharashtra. The company was promoted by Tibrewala family. In April 1, 2007, the company acquired the business of Fineotex Chemical Industries by executing the Deed of Assignment for a lump sum cash consideration of Rs 3 crore. In October 19, 2007, the company was converted into a public limited company and the name was changed to Fineotex Chemical Ltd. During the year, the company received ISO 9001:2000 from JAS-ANZ Certification. During the same year , the business of Fineotex Chemical Industries was acquired by the company. In 2011, the company incorporated a Wholly Owned Subsidiary in Malaysia to carry on the business in that region. In 2014, the company issued Bonus Shares to its existing shareholders on 1:1 basis as decided by the Board at their meeting dated 15/12/2014 and allotted the said Bonus Shares on 14/02/2015. In 2015, the company was recognized as Star Export House by Directorate General of Foreign Trade, Ministry of Commerce and Industry.