Sunitee Chemicals is an India-based company and was incorporated in the year 1992. The company manufactures sodium bi-sulphite and sodium sulphite at Mahesana in Gujarat.
Milestones:
1992 - Sunitee Chemicals was incorporated and was engaged in manufacturing and distribution of organic chemicals.
2002 - The board of the company at its meeting held on November 19, had decided to split the equity shares of face value of Rs 10 each to equity shares of face value of Re 1 each.
2003 - The company fixed January 20, as the record date to split its equity shares of face value of Rs 10 each to equity shares of face value of Re 1 each.
2005 - The board of directors of the company approved the resignation of B M Saraf from the post of managing director of the company with effect from February 8. Vipin Chandra Shivhare was appointed as an additional director of the company. Further, he was appointed as the managing director of the company.
2007 - The board of directors of the company approved a proposal to enter into bio-technology related business venture and acquisition of the existing business in the field of biotechnology. The board appointed a special committee consisting of two directors, to look into the available options and the funding requirements and also various options available to raise the funds to finance the proposal.
2008 - The special committee appointed by the board of the company to look into proposal for entering into bio-technology related business venture submitted its report. The board authorized the managing director of the company Dilip Bhamawat, at its meeting held on February 15, to enter into memorandum of understanding or arrangement on the behalf of the company.
Sunitee Chemicals informed that Dhaval SolankiI and Preetipatadia has been appointed as directors as per the meeting held on August 22, 2008.