Our Company was originally incorporated as ÂShiv Texchem Private Limited as a private limited company under the provisions of the Companies Act, 1956, pursuant to certificate of incorporation dated March 31, 2005, issued by Registrar of Companies, Maharashtra, Mumbai. (ÂROCÂ/ ÂRegistrar of CompaniesÂ), with the name ÂShiv Texchem Private Limited bearing Corporate Identity Number U24110MH2005PTC152341. We are primarily engaged in the business of importing and distribution of hydrocarbon-based chemicals.
Subsequently, our Company was converted from a private limited company to a public limited company pursuant to special resolution passed by our shareholders at an Extra-Ordinary General held on June 11, 2024, and the name of our Company was subsequently changed to ÂShiv Texchem Limited. A fresh certificate of incorporation consequent to conversion dated July 05, 2024, was issued by the Registrar of Companies bearing Corporate Identity Number U24110MH2005PLC152341.
Major events and milestones:
2005
-Incorporation of our Company ÂShiv Texchem Private Limited as private limited company
-Started operation with sulphuric acid and caustic
-Achieved annual revenue of ? 1,000.00 lakhs
2014
-Achieved annual revenue of ? 5,000.00 lakhs
-Consolidated position in sulphuric acid and caustic
2019
-Achieved annual revenue of ? 20,000.00 lakhs
-Added new product viz., Phenol
-Received ÂBest Dealer award from Grasim Limited
2022
-Product portfolio crossed 20 products
2023
-Achieved annual revenue of ? 1,00,000.00 lakhs
2024
-Conversion of our Company from Private Limited to Public Limited Company
-Achieved annual revenue of ? 1,50,000.00 lakhs with portfolio of 39 products
-Expanded our presence in India
-Our Company undertook a bonus issue and allotted Equity Shares in the ratio 7:1 to our current shareholders
2025
-The Company has received a Letter of Acceptance from Innovative Resins Pvt Ltd for the supply of Styrene Monomer of Rs. 4.21 crore.