Jubilant Industries Ltd

Jubilant Industries Ltd is a part of the Jubilant Bhartia Group and is engaged in the business of Agri and Performance Polymers. The company's diversified portfolio includes a wide range of Crop Nutri ... tion, Crop Growth and Crop protection Agri products and Performance Polymer products comprising Consumer Products like adhesives, wood finishes, emulsions, Food Polymers and Latex such as vinyl pyridine, SBR and NBR latex. The company operates from 5 locations across India and has dedicated R&D centres. The company is headquartered in Noida, Uttar Pradesh. Jubilant Industries Ltd was incorporated on February 23, 2007 in Kanpur, Uttar Pradesh as a private limited company with the name Hitech Shiksha Pvt Ltd. In March 16, 2010, the company became a public limited company and the name was changed to Hitech Shiksha Ltd. In June 8, 2010, the company changed their name from Hitech Shiksha Ltd to Jubilant Industries Ltd. As per the scheme of amalgamation & demerger amongst Jubilant Life Sciences Ltd (JLL), Jubilant Industries Ltd and others, the Agri Products Division, Performance Polymer Division and IMFL Division of JLL were demerged and transferred to the company with effect from commencement of business on April 1, 2010 i.e. the appointed date under the scheme. The scheme became effective from November 15, 2010. The equity shares of the company were listed and admitted for trading on Bombay Stock Exchange Ltd (BSE) and National Stock Exchange of India Ltd (NSE) with effect from February 14, 2011. During the year 2010-11, Canonical Infotech Solutions Pvt Ltd became the wholly owned subsidiary of the company. The name of Canonical Infotech Solutions Pvt Ltd was changed to Jubilant Agri and Retail Pvt Ltd with effect from March 7, 2011. The company has approved the scheme of arrangement to restructure their businesses by vesting their Agri and Consumer Products business (ACP) with their wholly owned subsidiary Jubilant Agri and Consumer Products Ltd (JACPL). JACPL, intends to acquire the division comprising sales of consumer products, whole sale trade & leasing of mall space of Enpro Oil Pvt Ltd (EOPL) to foray into the high growth potential Hypermarket business. JACPL is also engaged in agri and consumer products. This scheme of arrangement among JIL, JACPL and EOPL is subject to court approval and has an appointed date of April 1, 2011. Read More