Shanti Inorganics Ltd. ಕಂಪನಿ ಇತಿಹಾಸ ಮತ್ತು ವಾರ್ಷಿಕ ಬೆಳವಣಿಗೆ ವಿವರ

Our Company was incorporated as “Shanti Inorgo Chem (Guj) Private Limited” as a private limited company in Ahmedabad, Gujarat under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated January 13, 2010, issued by the Registrar of Companies, Gujarat. Our Company has taken over the running business of a partnership firm from our Promoters, namely “Shanti Industries” on a going concern basis vide Takeover Agreement with effect from April 01, 2010. Subsequently, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders at the Extra Ordinary General Meeting held on January 27, 2025, and the name of our Company changed from “Shanti Inorgo Chem (Guj) Private Limited” to “Shanti Inorgo Chem (Guj) Limited”. A fresh certificate of incorporation consequent upon conversion from a private limited company to public limited company dated March 1, 2025, was issued by the Registrar of Companies, Central Processing Centre. Further, pursuant to resolutions passed by our Board of Directors in their meeting held on April 4, 2025, and Shareholder’s Resolution passed on April 5, 2025, our Company’s name was further changed from “Shanti Inorgo Chem (Guj) Limited” to “Shanti Inorganics Limited” and a fresh certificate of incorporation dated May 6, 2025, was issued by the Registrar of Companies, Central Processing Centre. The Corporate Identity Number of our Company is U24100GJ2010PLC059218.

Major Events and Milestones:
2010
-Incorporation of our Company as Shanti Inorgo Chem (Guj) Private Limited
- Takeover of the business operations of the partnership firm ‘Shanti Industries’

2016
- Received ISO 9001:2015 certificate of registration for the manufacturing of inorganics chemicals by Alcumus ISOQAR

2020-22
- Commenced exports to middle east countries
- Our Company secured its first major project which includes the export of 500 MT/year ammonium bisulphite.
- Acquired land at Plot No. 5A and 5B, Sankalp Industrial Estate, Moje Chidaya, Bavla for setting up a Phase I of Bavla Unit for future expansion

2023-24
- Revenue from operations increased to ?4,574.21 lakhs in Fiscal 2023 from ?2,809.72 lakhs in Fiscal 2022
- Expanded export footprint by entering the Southeast Asian and African markets
- Increase in installed capacity from 10,700 metric tonnes per annum (MTPA) to 16,200 MTPA at Vatva Unit
- Acquired land at Plot No. 6 and 7, Sankalp Industrial Estate, Moje Chidaya, Bavla for setting up a Phase II of Bavla Unit for future expansion

2025
- Increase in installed capacity from 16,200 metric tonnes per annum (MTPA) to 18,800 MTPA at Vatva Unit
- Conversion of private limited to public limited company
- Change of name from “Shanti Inorgo Chem (Guj) Limited” to “Shanti Inorganics Limited”
- Commenced commercial operation Phase I of Bavla Unit
- Achieved revenue from operations of more than ?5,000 lakhs in Fiscal 2025

2026
- Achieved revenue from operations of more than ?7,000 lakhs in Fiscal 2026

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