Padmanabh Industries Limited Corporate Identification Number (CIN): L17110GJ1994PLC023396 was incorporated on 24 th day of October, 1994 under the provision of Companies Act 1956with the name Nilchem Industries Limited as a Public Limited Company for the objects set out in the Memorandum of Association of the Company under the registrar of companies Ahmedabad the company get certificated of commencement of business on 24 th October, 1994.
The name of the company was changed from Nilchem Industries Limited to Padmanabh industries limited and the same has been approved by registrar of companies, Ahmedabad as on 24 th December 2014
The main objective of the Company is to carry on the business of Produce, manufacture, refine, manipulate, use, buy, import, or otherwise acquire use, sell, distribute, export deal in and dispose of dyes and chemicals (synthetic or non- synthetic), coal-tar, dyes, dyes intermediates and dyes of all other types and description pharmaceutical surface active agents.
Company is also engaged in the business of Builders, Masoners and General Construction and Contractors and to carry on the business of the proprietors of lands, flats maisonettes, dwelling houses, shops, offices, industrial estates, lessees of lands, flats and other immoveable properties and for these purposes to purchase, take on lease or otherwise acquire and hold any lands or buildings of any tenure or description wherever situated, or rights or interests therein or connected therewith, to prepare building sites, and to construct, reconstruct, pull down, renovate, develop, alter, improve, decorate and furnish and maintain flats, hotels, malls, educational institutes, hospitals, maisonettes, dwelling houses, shops, offices, buildings to co-operative societies, limited companies, bodies corporate or association of persons or individuals as the case may be, to lay out roads and pleasure gardens and recreation grounds to plant, drain or otherwise improve the land or any part thereof and to promote, operate and manage various immovable properties and other real estate assets, and to develop, acquire and invest, either directly or indirectly, in income producing immoveable properties in India and to also undertake development and maintenance of infrastructure projects in all areas of infrastructure including but not limited to facilities such as road, power, water and industrial infrastructure and to deal in all types of building materials and infrastructure materials.