The company was incorporated as ‘Speciality Coatings Private Limited’ on July 08, 1985, under the Companies Act, 1956 with the Registrar of Companies, Mumbai at Maharashtra. The name of the Company was changed to ‘Ambani Organics Private Limited’ vide a special resolution passed on July 08, 1987. A fresh certificate of incorporation subsequent to the name change was issued on December 08, 1987, by the Registrar of Companies, Mumbai at Maharashtra. The status of the company was changed to a public limited company and the name of the company was changed to ‘Ambani Organics Limited’ by a special resolution passed on December 30, 2017. A fresh certificate of incorporation consequent to the conversion of was granted to the company on March 07, 2018, by the Registrar of Companies, Mumbai at Maharashtra.
Ambani Organics is an ISO 9001:2015 - Quality Management System certified company and has also obtained GOTS (Global Organic Textiles Standards) certification for some of its textile industries chemicals. The company has two manufacturing facilities in Thane located adjacent to each other. It also has a dedicated in-house Research & Development and Quality Assurance/Quality Control Team which undertakes rigorous testing and quality management. The R&D Centre is located at MIDC Tarapur, Boisar, Thane. The company has 80 permanent employees on its payroll.
Business area of the Company:
Ambani Organics is a company engaged in the business of specialty chemicals. The company is a manufacturer, processor, importer, supplier, and exporter of water-based specialty chemicals used in Paper Industry, Paint Industry, Textile Industry, Carpet Industry, Adhesive Industry, etc.
Key Events and Milestones:
- 1985: Incorporated under Companies Act, 1956 as ‘Specialty Coatings Private Limited’ 1987 Change of name from ‘Specialty Coatings Private Limited’ to ‘Ambani Organics Private Limited’.
- 1996: Change in Management - Its Promoter Mr. Rakesh Shah joined the Company as a Promoter Director.
- 1998: Started Product Line for Packaging Industry, Increased production Capacity from 20 tonne to 60 tonne per month.
- 2002: Started Product Line for Paper Industry, increased production capacity from 60 tonne to 300 tonnes per month.
- 2010: Stared Product Line for Paint and Construction Industry, increased production capacity from 300 tonne to 700 tonne per month.
- 2013: Acquired Corporate Office at 801, 8th Floor, “351 ICON”, Western Express Highway, Andheri (East), Mumbai – 400 069. Started Research and Development Facility at Unit No 8, 24B, Parsi Panchayat Rd., Opp Subway, W.E. Highway, Pump House, Andheri, Mumbai – 400069.
- 2015: A major fire broke out at the Company’s insured Registered Office cum Manufacturing Unit located at Plot No. N-44, MIDC, Tarapur Boisar, Maharashtra 401 506 on February 25, 2015. In the same year new Building, Plant and Machinery were installed with a capacity of 700 tonne per month. 3,10,599 shares of face value of Rs 10 each were allotted pursuant to the conversion of unsecured loans availed by the Company.
- 2016: The company received GOTS (Global Organics Textile Standards) Certification for a range of Products in Textiles Industries 7,50,000 shares of face value of A 10 each were allotted pursuant to the conversion of unsecured loans availed by the Company. Acquired controlling stake in Omega Mills Private Limited making it Subsidiary. The Company received “ISO 9001:2015 – Quality Management System” by Quality Research Organisation (QRO Certification Agency).
- 2017: The Indian Achievers’ Forum awarded Promoter Mr. Rakesh Shah the Indian Achievers’ Award for Industrial Development during the National Seminar on 'Make in India: Prospects and Opportunities'. Increased production capacity from 700 tonne to 2000 tonne per month. Achieved a turnover of over Rs 50 crores.
- 2018: Acquired controlling stake in Om Maruti Glasswool and Wirenetting Product Private, and diversified production to Metal Octoate to increase product range in paint industry.