Company Profile

Fine Organic Industries has subscribed to 6,00,00,000 - 1% Non-Convertible, Non-Cumulative, Non-Participating, Redeemable Preference Shares of face value of Rs 10 each issued by Fine Organic Industries (SEZ), Wholly Owned Subsidiary (WOS) of the Company, aggregating Rs 60 crore. The object of this investment is to support the WOS for setting up the manufacturing unit.

Fine Organic Industries produces a wide range of specialty plant derived oleochemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.

Fine Organic Industries has incorporated a wholly owned subsidiary company named ‘Fine Organic Industries (SEZ)’ in India. The new WOS is incorporated in India for the purpose of carrying on the business of manufacturing Specialty Chemical products. The Company has committed to subscribe to 10,000 equity shares at a par value of Rs 10 per share. Fine Organic Industries (SEZ) has not yet commenced its operations.

Fine Organic Industries produces a wide range of specialty plant derived oleochemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.

Fine Organic Industries is currently trading at Rs. 4878.55, up by 39.15 points or 0.81% from its previous closing of Rs. 4839.40 on the BSE.

The scrip opened at Rs. 4899.95 and has touched a high and low of Rs. 4901.85 and Rs. 4878.55 respectively. So far 64 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 7316.00 on 17-Oct-2022 and a 52 week low of Rs. 4030.65 on 21-Mar-2023.

Last one week high and low of the scrip stood at Rs. 4962.25 and Rs. 4768.05 respectively. The current market cap of the company is Rs. 14837.59 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.02% and 8.98% respectively.

Fine Organic Industries has incorporated a wholly owned subsidiary company named ‘Fine Organic Industries (SEZ)’ in India. The new WOS is incorporated in India for the purpose of carrying on the business of manufacturing Specialty Chemical products. The Company has committed to subscribe to 10,000 equity shares at a par value of Rs 10 per share. Fine Organic Industries (SEZ) has not yet commenced its operations.

Fine Organic Industries produces a wide range of specialty plant derived oleochemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.

Samvardhana Motherson International has incorporated indirect wholly owned subsidiary namely ‘Motherson Group Investments USA Inc., Delaware (USA)’. The newly incorporated company will acquire, invest and hold movable and immovable assets of group.

Zuari Industries has raised Rs 100 crore through the Series-2 allotment of 1,000 Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCDs) of Rs 10,00,000 each to 360 One Prime. The NCD Committee of the company has on October 10, 2023 approved the same.

Crompton Greaves Consumer Electricals has come up with new product ‘Storage Water Heater’ for domestic market. The company has launched ‘Acenza’ storage water heater on October 10, 2023. Earlier, the company had come up with new products ‘Tankless Water Heaters’ for domestic market. 

NCL Industries has reported 9% rise in cement production to 659,300 Metric Tonnes (MT) in Q2FY24 as compared to 603,520 MT in Q2FY23. The company has dispatched 669,587 MT cement in Q2FY24 as compared to 604,786 MT in Q2FY23, i.e. up by 11%. Its Cement Boards production and Cement Boards dispatches stood at 21,509 MT and 20,239 MT respectively in Q2FY24.

InterGlobe Aviation (IndiGo) has integrated its Fast Forward (FFWD) and Priority Boarding services at airports to enhance the boarding process. Under FFWD, IndiGo will continue offering priority check-in service and introduce anytime boarding. Customers who have already purchased FFWD, will be notified about the changes through direct communication. This integration is aimed at simplifying the company’s offerings, providing a unified product with combined check-in and boarding benefits for the convenience of customers.

Shiva Cement (SCL) has received CTO (Consent to Operate) from State Pollution Control Board, Odisha for increase in production from existing capacity of 0.66 Million TPA to 1.5 Million TPA.

Fine Organic Industries has incorporated a wholly owned subsidiary (WOS) company named 'Fine Organic Industries (SEZ)' in India. The new WOS is incorporated in India for the purpose of carrying on the business of manufacturing Specialty Chemical products.