YEAR EVENTS 1983 - India Glycols Ltd was incorporated at New Delhi on 19th November as a public limited company as `U.P. Glycols Limited' and obtained the Certificate of Commencement of Business on 3rd February, 1984. The company was promoted by Vam Organic Chemicals Ltd. The company manufacture mono-ethylene glycol (MEG), diethylene glycol (DEG) and triethylene glycol (TEG). - The company entered into a technical know-how agreement with `Scientific Design Company Inc., USA (SD) for the supply of process know-how only for the conversion of ethanol into MEG as the promoter VAM agreed to advise free of cost on the conversion process of molasses into ethanol. - The company also entered into an agreement with Toyo Engineering India Ltd., for implementing the project within guaranteed cost and time limit. 1986 - The name of the Company was changed to `India Glycols Limited' effective from 4th September. 1988 - 70 shares subscribed for by the signatories to the Memorandum of Association. 244,99,930 shares then issued at par of which 84,69,930 shares to promoters, directors, etc., and Vam Organic Chemicals Ltd., and its wholly owned subsidiaries and 25,00,000 shares to shareholders of Vam Organic Chemicals Ltd., Ramganga Fertilisers Ltd., and Hindustan Wires Ltd., were reserved and allotted. Out of the remaining 135,30,000 shares, the following shares were reserved for preferential allotment: (i) 15,00,000 share to UTI, (ii) 7,50,000 shares to SBI Capital Markets Ltd., (iii) 30,00,000 shares to NRIs on repatriation basis, (iv) 2,50,000 shares to business associates, (v) 10,00,000 shares to farmers and rural investors and (vi) 12,25,000 shares to employees/workers of the company as also of the Vam Organic Chemicals Ltd. (Except 12,01,100 shares of the employees quota all shares taken up.) The balance 58,05,000 shares along with 12,01,100 shares not taken up by employees were offered to the public in July 1988. - Additional 33,82,500 shares allotted to retain oversubscription (7,50,000 shares to NRIs, 62,500 shares to business associates, 8,12,500 shares to farmers and 17,57,500 shares to public). 1990 - The Company received approval for expanding the MEG capacity upto 60,000 MT per annum. The Company proposed to diversify into the field of Ethylene Oxide (EO) derivatives and had received letter of intent for the manufacture of 1000 MT per annum of EO derivatives. 1991 - Steps were initiated to undertake divesification programme to manufacture Ethylene Oxide condensate/derivatives. The Company undertook the expansion of effluent treatment and Biogas generation facilities. 1992 - The Capacity of MEG was enhanced to 25,000 tonnes per annum. 1995 - The company had tied up with Sanyo Chemical Industrial Surfactants Covering major industries like textiles, toiletries, pharmaceuticals, agrochemicals, paper, lubricants etc. - The Company also proposed to set up facilities for chlorosulphation to produce other speciality chemicals to maintain better quality standards. 1996 - The Company was implementing cholorosulphation project. 2003 The Board of Directors at their meeting held on December 4, 2003 have approved the merger of wholly owned subsidiary company CDS International Ltd with the company. The Board of Directors at their meeting held on December 4, 2003 have approved the merger of wholly owned subsidiary company CDS International Ltd with the company. 2009 - India Glycols Ltd has informed that the Board of Directors of the Company at its meeting held on July 30, 2009, has appointed Shri. Rakesh Bhartia as Chief Executive Officer of the Company. 2010 - India Glycols Ltd has appointed Shri Jitender Balakrishnan as Additional Director of the Company w. e. f. August 13, 2010 who shall hold office till the conclusion of Next Annual General Meeting of the Company. 2011 -India Glycols Ltd has that the Biomas based Cogeneration Project activity taken up by India Glycols Ltd. at its Gorakhpur, U.P. plant is successfully registered under Clean Development Mechanism (CDM) project by United Nations Framework Convention. 2012 -India Glycols Limited's National Long- Term rating to 'Fitch A-(lnd)' from `Fitch BBB (ind). The Outlook is Stable. 2013 -"Business Leader of the year- Innovation". 2014 -India Glycols honoured with the silver award for being one of the highest foreign exchange earners in the Chemicals, Drugs, Pharma and allied sector. -India Glycols has been awarded The ICONIC IDC Insights Award in the manufacturing and logistics vertical. 2015 -Soulmate Premium Whisky won the Gold Award at Monde Selection 2015 for its logo -Organisation International Institute for Quality Selections 2016 -India Glycols, Kashipur, wins the BIRAC Innovator Award 2016. -India Glycols won the prestigious gold award for outstanding export performance in the 'chemicals panel - large scale sector' category. -India Glycols conferred ICC Award for Excellence in Energy Conservation and Management. 2017 -CHEMEXCIL awards India Glycols for outstanding export performance. 2018 -India Glycols honoured for 'efficiency in energy usage in the petrochemical sector' at the FICCI Chemicals and Petrochemicals Awards 2018. 2020 -Starting of Distillery operations and production of Hand Sanitizer. 2024 -The Company enhancement of capacity of Grain Based Distillery and facility/project for New Specialty Chemical.