YEAR EVENTS 1960 - The company was incorporated on 17th December, with the main object of Manufacturing heavy chemicals and commenced business on 27th March, 1961. The main objective of the company is to manufacture caustic soda, chlorine, chlorine products and other chemicals, jute goods, cloth and yarn. - The technical collaboration with Krebs & Co. Ltd, Zurich, Switzerland, a plant was set up in 1964 to manufacture caustic soda at Renukoot in U.P. with an installed capacity of 16,500 tonnes per annum. 1961 - Allotted 3,00,000 No. of equity shares to promoters, etc. and 50,000 No. of equity shares to LIC. 20,000 pref. and 4,50,000 No. of equity shares offered at par to public. 1963 - In Feb. 1964, 15,000 pref. and 50,000 No. of equity shares offeres to the public. Arrears: 71,990. 1968 - 50,000 No. of equity shares issued at par. Arrears: Rs. 250. 1969 - The company in collaboration with Fredriech Ltd. GmbH of Dartmund, West Germany, set up a plant to produce 5,000 tonnes of stable bleaching powder. The capacity of the plant was increased to 10,000 tonnes in 1976 and to 15,000 tonnes in 1980. - The company commenced manufacture of benzene hexa chloride (BHC) technical in collaboration with M/s. Kurcha Chemicals and M/s. C. Hon & Co. Ltd., both of Japan. The capacity was increased to 6,000 tonnes per annum in 1974 to 12,000 tonnes in 1978 and to 16,000 tonnes subsequently. 1972 - The company also acquired a salt works in Gujarat. - Rate of dividend on 19,990 pref. shares increased from 9.5% to 9.8% and the redumption date extended. 1977 - 8,95,500 bonus equity shares issued in prop. 1:1. 1981 - The Company issued in November, 13.5% redeemable secured non-convertible debentures of Rs. 100 each of the aggregate value of Rs. 200 lakhs. The rate of interest was subsequently increased to 15% per annum. These debentures will be redeemed on 9th January. - 8,95,000 bonus equity shares issued in prop. 1:1. 1982 - As a measure of diversification, the Company had set up a new plant for the manufacture of pentaerythirtol/pure and nitration grades required for the manufacture of explosives and technical grade for the manufacture of paints, resins and other miscellaneous purposes with an installed capacity of 1,200 tonnes per annum and its by product sodium formate 660 tonnes per annum at GIDC Industrial Area, Ankleshwar in Gujarat. This plant was commissioned on 27th June, 1983. - Anil Synthetics Ltd., has a composite textile mill in the heart of Ahmedabad at Rakhial Road with 25,000 spindles and 438 looms. The management of Anil Synthetics Ltd., was taken over by the Company with effect from 1st March. 3,100 No. of equity shares of Rs. 10 each of the company were allotted to the members of Anil Synthetics Ltd. - The major items of the fixed assets of Renukoot Chemical Works division were revalued as on 30th June. The net surplus arising out of this revaluation was credited to capital reserves. - Land and buildings of the Ludlow Jute Mills division were revalued as on 31st March, and the net surplus of arising out of this revaluation was credited to capital reserves. 1983 - With effect from 1st October, the Company entered into a manufacturing arrangement with Kanoria Synthetics Ltd., whereby the Company would undertake the manufacture of yarn at their mills known as "Jawala Textile Mills" at Gurgaon (Haryana). The manufacturing arrangement was terminated with effect from 1st June, 1985. - All preference shares redeemed on 28th March 1984. 1985 - A substantial improvement in the working of Textile Division was expected with the installation of 24 Air jet looms and other balancing equipments. - The Company acquired the assets of the Indian branch of Ludlow Jute Co. Ltd., U.S.A. including Ludlow Jute Mills at Chengail in Howrah district of West Bengal. The mill manufactures jute yarn, webbing, hessian, sacking, cotton bagging and soil saver. By a scheme of arrangement, the assets and liabilities of the Ludlow Jute mills were transferred to Aekta Ltd., subsidiary of the Company with effect from 1st July. - Renukoot Power Co. Ltd., was amalgamated with the Company with effect from 1st July. - Vidun Dealers Ltd., is a subsidiary of Aekta Ltd. 1986 - The company entered into a Technical Agreement with BTL Speciality Resins Corporation of U.S.A. for the manufacture of 6,000 tonnes per annum of formaldehyde at Ankleshwar, Gujarat. chemicals division was delayed as a change of collaboration was necessitated. 1987 - The lower production was attributed to chemicals division shut down, for expansion of the plant to a capacity of 3,000 tonnes per annum and for introduction of the membrane technology for the manufacture of pentaerythritol. 1988 - An Acetaldehyde chemical division was set up at Ankleshwar. 1989 - Production was lower due to initial problems with the new membrane technology. - The Company set up a Chemical division to manufacture Formaldehyde in technical collaboration with Perstrop AB of Sweden. The plant was commissioned in April 1990. An agreement was entered into by the company with the Pradeshiya Industrial and Investment Corporation of U.P. Ltd. (PICUP), for the setting up of a polypropylene plant at U.P. - Kanoria Alkalis and Plastics Ltd., Chlorotex Ltd., Pipri Ltd., and Aekta Ltd., are all wholly owned subsidiaries of the Company. Kanoria Polymers Ltd., became a subsidiary of Kanoria Alkalies and Plastics Ltd. The name of Kanoria Alkalies and Plastics Ltd., was changed to Kanoria Petroproducts Ltd., effective from 19th January. Kanoria Petroproducts Ltd., made a public issue on 10th May. After the allotment of shares to the public on 26th June, Kanoria Petroproducts and Kanoria Polymers ceased to be subsidiaries of the Company. - 13,44,800 Bonus equity shares issued in prop. 1:2 in June. 1990 - Production of pentaerythritol and sodium formate improved considerably to 2,900 tonnes and 1,923 tonnes respectively. 1991 - To further improve the quality of yarn and augment exports, two more autoconers were to be imported and installed. - The Lindane plant set up at Renukoot with a capacity fo 412 TPA all efforts were made to overcome teething troubles. Also, a new plant to manufacture 1500 TPA of Hexamine set up at Ankleshwar, was commissioned. - During Feb./March 1992 the company offered 40,34,000 rights equity shares (prem. Rs. 10; Prop. 1:1). Another 2,01,800 shares (prem. Rs. 10) offered to employees on equitable basis (only 1,52,200 shares taken up). Unsubscribed 49,600 shares allowed to lapse. 1993 - Chemicals division was being strengthgened through backward and forward integration by adding new product lines. A modern distillery with a capacit of 15 million litres per annum with provision for sale of carbon-dio-oxide and use of methane gas in boiler was commissioned in March 1994. - The project for doubling the capacity of lindane plant to 660 TPA was in full swing and it was expected to be commissioned by September 1994. 1995 -The Calcutta based Kanoria Chemicals & Industries Ltd. (KCIL) of the SS Kanoria Group becomes member of the Centre Internationale D'Etudes Du Lindane 1999 --KANORIA Chemicals & Industries Ltd (KCI) has engaged Anderson Consulting Pvt Ltd for undertaking a strategic cost reduction exercise. 2000 - The company has introduced two new products as part of its plans to improve its margins in the current fiscal. 2004 -Kanoria Chemicals & Industries hikes capacity of Formaldehyde production facility by 50% -Kanoria Chemicals & Industries announced commissioning of a new poly aluminium chloride plant at its integrated chlor-alkali manufacturing unit at Renukoot, Uttar Pradesh 2005 -Delist Equity Shares from The Calcutta Stock Exchange Association Ltd (CSE) w.e.f. March 30, 2005. -Ankleshwar Division awarded "Teri Corporate Environmental Award 2003-04" by The Energy & Resources Institute 2007 -Kanoria Chemicals & Industries Ltd has appointed Shri J.P. Sonthalia as a Director of the Company with effect from 1st February, 2007 and designated as Managing Director (Designate) - Chloro Chemicals. -The Company has issued Bonus Shares in the Ratio of 1:2. - The Company has splits its face value from Rs10/- to Rs5/-. 2009 - Kanoria Chemicals & Industries Ltd has appointed Shri. Amitav Kothari as Director of the Company with effect from May 05, 2009. 2010 - Commissioned a Greenfield project in Vishakhapatnam in the state of Andhra Pradesh for manufacturing Formaldehyde and Hexamine. 2011 - Directors of the Company has declared Dividend @ 30% (Rs. 1.50p) on per Equity Share of Rs. 5. - Commissioned 2.5 MW solar power project at Jodhpur district in Rajasthan, out of total plant capacity of 5 MW. 2012 -"KCI to acquire Switzerland based APAG Group". 2013 -"Kanoria Chemicals signs MoU with Momentive Specialty Chemicals Inc." 2014 -Kanoria Chemicals & Industries Ltd has recommended Dividend @ 30% (Rs. 1.50) per Equity Share of Rs. 5/- . 2017 -Kanoria Chemicals & Industries Ltd has acquired further shares in Kanoria Africa Textiles PLC 2022 -The company startrd commercial production of the Phenolic Resin Plant at Ankleshwar, Gujarat with 6500 MTPA capacity. 2024 The Company add additional production capacity of Hexamine with 18 MTPD in Ankleshwar, Gujarat.