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History of Sriman Organic Chemical Industries Ltd.

Sriman Organic Chemical Industries Ltd [SOCILs] was incorporated on October 11, 1990 as a private limited Comp. under the Act. It was converted into a public limited Comp. on March 30, 1992.

The main objects of Comp. are set out in the Memorandum of Association & are re-produced elsewhere in this Prospectus.

The immediate object of Comp. is to set up a project for manufacture of 8400 TPA of MCB, 4000 TPA of PNCB & 2000 TPA of ONCB.

The Comp. has been promoted by Shri Ashok G. Rajani along with Shri Ghanshyamdas Rajani & Shri Prakash M. Jaisingh.

The other ventures of promoters & brief details of same are as follows:

is] Sriman Petrochemicals Ltd [SPLs] SPL [earlier called Sriman Chemical Industriess] is engaged in the manufacture of dyes and dye intermediates

iis] Sriman Chemical Corporation [SCCs] SCC is engaged in the marketing of basic Organic chemicals like PNCB, ONCB, Acetic Anhydride, ONT, PNT, Aniline etc.

iiis] Vidhata Chemicals Pvt.Ltd [VCPLs]

VCPL is a manufacturer of dye intermediates.