NGL Fine Chem Share Price Live
NGLFINE
Small Cap | Pharmaceuticals
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About NGL Fine Chem
The Company was incorporated on December 18, 2981 as a Private Limited Company in the State of Maharashtra. The Company became a Deemed Limited Company by virtue of Section 43A of the Companies Act, 1956 on 29.12.1993 and the necessary alternation to the Certificate of Incorporation was duly obtained from the Registrar of Companies, Maharashtra. The Company has deleted the restrictive clauses in the articles of association by passing a special resolution on May 20,1994 and has become a Public Limited Company. The Company has got its registered office and factory at New Bombay.
The Company was promoted by Mr. A.G.Lawande, Mr.R. J. Nachane joined Mr.A.G.Lawande for actively participating in the management of the company in 1989.
The Company had at its commencement set up manufacturing facilities for the manufacture of Chloroquire Phosphate (antimalarial) which has a very good market at that time. But in absence of rain-fall in severe drought conditions during 1985-86 there was a very low incidence of malaria and the demand for the drug came down drastically. This forced a price war in the industry which led to the company being hit badly, ultimately leading to losses.
During 1996-97, Company has faced illegal labour strike from October 1996. The Company is continuing operations by importing material and having it converted/processed from other units. The workers have been able to obtain an injunction from the labour court against the company which prevents the company from clearing any stocks from the factory.
The company has resolved the industrial dispute with its workers.
Parent Organisation
Indian Private
Managing Director
Milind V Shinde
Founded
1981
NSE Symbol
NGLFINE
Community Discussion
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AngelOne
10th July 2024
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AngelOne
10th July 2024
NGL Fine Chem Ltd-latest-market-updates-751
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Ngl Fine Chem Ltd FAQs
What is the share price of Ngl Fine Chem Ltd (NGLFINE) shares?
Ngl Fine Chem Ltd (NGLFINE) share price as of July 26, 2024, on NSE is Rs 2646.8 (NSE) and Rs 2646.8 (BSE) on BSE.
Can I buy Ngl Fine Chem Ltd (NGLFINE) from Angel One?
Yes, You can buy Ngl Fine Chem Ltd (NGLFINE) shares by opening a Demat account with Angel One.
How do I buy Ngl Fine Chem Ltd (NGLFINE) from Angel One?
Ngl Fine Chem Ltd (NGLFINE) share can be bought through the following modes:
1. Direct investment: You can buy Ngl Fine Chem Ltd (NGLFINE) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Ngl Fine Chem Ltd (NGLFINE) shares.
1. Direct investment: You can buy Ngl Fine Chem Ltd (NGLFINE) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Ngl Fine Chem Ltd (NGLFINE) shares.
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