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BSE Code : | NSE Symbol : | ISIN:| SECTOR : |

NSE BSE
 

Volume 280564

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Key Stats

MARKET CAP (RS CR) 15.51
P/E 23.5
BOOK VALUE (RS) 28.9745
DIV (%) 7
MARKET LOT 1
EPS (TTM) 1.1
PRICE/BOOK 0.892163799202747
DIV YIELD.(%) 2.71
FACE VALUE (RS) 10
DELIVERABLES (%)
4

News & Announcements

10-Apr-2021

Daikaffil Chemicals India Ltd - Certificate Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Half Year Ended 31St March 2021

12-Feb-2021

Daikaffil Chemicals India standalone net profit declines 68.75% in the December 2020 quarter

04-Feb-2021

Daikaffil Chemicals India announces board meeting date

06-Jan-2021

Daikaffil Chemicals India Ltd - Clarification

04-Feb-2021

Daikaffil Chemicals India announces board meeting date

26-Oct-2020

Daikaffil Chemicals India schedules board meeting

04-Aug-2020

Daikaffil Chemicals India to hold board meeting

01-Jul-2020

Daikaffil Chemicals India to convene AGM

Corporate Actions

Bonus
Splits
Dividends
Rights
Capital Structure
Book Closure
Board Meeting
AGM
EGM
 

Financials

Income Statement

Standalone
Consolidated
 

Peers Comparsion

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Share Holding

Category No. of shares Percentage
Total Foreign 0 0.00
Total Institutions 7900 0.13
Total Govt Holding 0 0.00
Total Non Promoter Corporate Holding 0 0.00
Total Promoters 1884624 31.41
Total Public & others 4107476 68.46
Total 6000000 100
  • Total Foreign
  • Total Institutions
  • Total Govt Holding
  • Total Non Promoter Corporate Holding
  • Total Promoters
  • Total Public & others

About Daikaffil Chemicals India Ltd

Daikaffil Chemicals India came into the public issue in May 95 for expansion. Promoted by J G Patel -- ex-joint managing director of Indian Dyestuff Industries (IDI) -- and others, Daikaffil Chemicals India (DCI), is presently involved in the manufacture of DNS, is now expanding its DNS capacity from 120 tpa to 480 tpa, and integrating forward to manufacture DASDA and optical brightening agents (OBA). DCI has entered into an technical cum financial support from Daika (Japan), whereby the latter will buy the production of DCI, for a period of ten years. Presently DCIL is managed under the leadership of Mr. Jayant G Patel as its Chariman and Mr. Amit J Patel as its Managing Director. Di-nitro stilbene (DNS) is an intermediate used to manufacture di-amino stilbene di-sulphonic acid (DASDA), which is the raw material for OBA. OBAs find application in the paper and cotton textile industries. A part of the DNS produced will be captively consumed to produce DASDA, while the balance will be exported to Daika. Similarly, a part of the DASDA produced, will be used to manufacture OBA. The entire quantity of OBA produced along with the remaining DASADA will be exported to Daika (Japan). During 1997 company has started production of OBA with an installed capacity of 250000 Kgs.

Daikaffil Chemicals India Ltd Chairman Speech

Daikaffil Chemicals India Ltd Company History

Daikaffil Chemicals India came into the public issue in May 95 for expansion. Promoted by J G Patel -- ex-joint managing director of Indian Dyestuff Industries (IDI) -- and others, Daikaffil Chemicals India (DCI), is presently involved in the manufacture of DNS, is now expanding its DNS capacity from 120 tpa to 480 tpa, and integrating forward to manufacture DASDA and optical brightening agents (OBA). DCI has entered into an technical cum financial support from Daika (Japan), whereby the latter will buy the production of DCI, for a period of ten years. Presently DCIL is managed under the leadership of Mr. Jayant G Patel as its Chariman and Mr. Amit J Patel as its Managing Director. Di-nitro stilbene (DNS) is an intermediate used to manufacture di-amino stilbene di-sulphonic acid (DASDA), which is the raw material for OBA. OBAs find application in the paper and cotton textile industries. A part of the DNS produced will be captively consumed to produce DASDA, while the balance will be exported to Daika. Similarly, a part of the DASDA produced, will be used to manufacture OBA. The entire quantity of OBA produced along with the remaining DASADA will be exported to Daika (Japan). During 1997 company has started production of OBA with an installed capacity of 250000 Kgs.

Daikaffil Chemicals India Ltd Directors Reports

Dear Members,

Your Directors have immense pleasure in presenting their 28th Annual Report on the business and operations of the Company and the accounts for the Financial Year ended March 31, 2020.

1. FINANCIAL RESULT

(Rs. in Lakh)

2019-2020 2018 - 2019
Sales etc. and other income 1656.95 1730.01
Profit before Depreciation, 267.84 219.16
Interest and Tax Less: 112.42 96.33
Depreciation Interest 5.38 0.47
117.80 96.80
Profit before Tax 150.04 122.36
Provision for Tax (53.66) (40.90)
Current Tax 11.16 2.76
Deferred Tax 0.65 1.83
Earlier Years (41.85) (36.31)
Profit after Tax 108.19 86.05

2. OPERATIONS

During the year under review, your Company's Revenue from operations has declined by @4.22% i.e. from '1730.01 lakh in previous year to '1656.95 lakh.

3. DIVIDEND

Your Company has paid out of the profits an interim dividend of Rs. 0.70/- per equity share @ 7% on equity share of Rs. 10/- each amounting to Rs. 42.00 Lakh on the paid up share capital of Rs. 6 Crore, in February 2020.

The details of dividend declared are as follows:

Particulars Dividend Per Share(Rs.) Dividend Payout(Rs.) Dividend Distribution Tax
Interim Dividend 0.70/- 42,00,000/- 8,63,322/-
Final Dividend - -

-

Total 0.70/- 42,00,000/- 8,63,322/-

4. DEPOSITS

The Company has not accepted any deposits from the public during the year under review.

5. EXTRACT OF ANNUAL RETURN

The provisions of section 134 of Companies Act, 2013 were amended vide Companies Amendment Act, 2017 and the said amendment was brought in force w.e.f. 31st July 2018. Accordingly, the requirement of attaching the extract of Annual Return, in format MGT -9 with the Directors Report has been dispensed off and the same needs to be posted on the Company's website, if any, and a link is to be given in the Directors Report.

Accordingly the web link where extract of Annual Return is placed is given below: http://www.daikaffil.com/products/030720051737-1.pdf

6. TRANSFER TO GENERAL RESERVES

The Company doesn't propose to transfer any amount to be transferred to General Reserves.

7. DIRECTORS' AND KEY MANAGERIAL PERSONNEL

A. Independent Directors:

The Company as on March 31,2020 has three Independent Directors on Board:

1. Mr. Sudhir Patel

2. Mr. Sunil Merchant

3. Mrs. Maithili Siswawala

All Independent Directors have furnished declarations that they meet the criteria of Independence as laid down under section 149 of the Companies Act, 2013.

The Company has received declarations with respect to independence from all the Independent Directors of the Company.

The Independent Directors have complied with the Code for Independent Directors prescribed in Schedule IV to the Act.

A separate meeting of the Independent Directors was convened on 12th November 2019, which reviewed the performance of the Board, the Non-Independent Directors and the Chairman.

B. Cessation of Directors:

i. Mr. Jagdish Vasa tendered his resignation as Independent Director w.e.f. May 23, 2019 due to his ongoing health issues. The Board of Directors deeply regret to inform the Members that Mr. Jagdish Vasas's soul has left for heavenly abode. The Board of Directors pray to Almighty, to give strength to his family members to bear this irreparable loss. The Board of Directors will always remember him for his contribution and support which he extended to DAIKAFFIL family during his tenure as Director for more than a decade.

ii. Mr. Amit Patel retired from the post of Managing Director w.e.f. August 31,2019 and accordingly he ceased to be the Managing Director of the Company. However, he continues to be Director on Board as Non Executive Director.

C. Appointments of Directors:

During the year under review, the following appointments were made:

i. The Board of Directors at their meeting held on May 23, 2019 appointed Mrs. Maithili Siswawala as Independent Director of the Company w.e.f May 23, 2019 for a term of five years. Her appointment as Independent Director for a period of Five years which was duly approved by the shareholders at the annual general meeting held on August 02, 2019.

ii. The Board of Directors at their meeting held on August 14, 2019 approved the re-designation of Mr. Aditya Patel as Managing Director of the Company w.e.f. September 01,2019.

D. Retire by Rotation:

Mr. Amit Patel, Director, retires by rotation at the ensuing Annual General Meeting. He, being eligible, has offered himself for re-appointment as the Director of the Company.

E. Key Managerial Personnel:

During the year under review, the following changes in Key Managerial Personnel took place:

i. Mr. Amit Patel ceased to be the Key Managerial Personnel under the category of Managing Director w.e.f. August 31,2019. However, he continued to be Director on Board as Non Executive Director.

ii. Mr. Aditya Patel who was designated as Jt. Managing Director of the Company was re-designated as Managing Director of the Company w.e.f. September 01,2019. Consequent to his re-designation he stepped down as Chief Financial Officer (CFO) and accordingly, he ceased to be the Key Managerial Personnel under the category of CFO. However, he holds the position of Key Managerial Personnel under the category of Managing Director.

iii. Members are further informed that In accordance with circular dated June 20, 2018 issued by the stock exchanges, we hereby confirm that Mr. Amit Patel and Mr. Aditya Patel are not debarred from holding the office of director by any SEBI order or any other such authority.

iv. Consequential to resignation of Mr. Aditya Patel as Chief Financial Officer, Mr. Sunil Shedge, was appointed as Chief Financial Officer and Key Managerial Personnel of the Company w.e.f. September 01,2019

v. Mr. Mohan Bavkar ceased to be the Company Secretary and Key Managerial Personnel of the Company with effect from November 12, 2019.

vi. The Board of Directors at its meeting held on February 11,2020 appointed Mrs. Seemab Ansari as the Key Managerial Personnel under the category of Company Secretary and Compliance officer of the Company with effect from February 11,2020.

F. Meetings of Board and Committee:

During the financial year under review the Board met 5 times, Audit Committee met 5 times, Nomination and Remuneration Committee met 4 times and Stakeholders relationship committee met 1 time. The details of which are given below.

The intervening gap between the Meetings was within the period prescribed under the Companies Act, 2013. Further As per para 2.2 of Secretarial Standard-1 issued by Institute of Company Secretaries of India, the Board has set the minimum number and frequency of Committee meetings.

i. Meetings of the Board and Attendance thereof:

No. of Meeting Attended
Sr.No 23.05.2019 17.06.2019 14.08.2019 12.11.2019 11.02.2020
1. Mr. Sudhir Patel
(Chairman - Independent Director)
2. 'Mr. Amit Patel
(Director)
3. 2Mr. Aditya Patel
(Managing Director)
4. Mr. Sunil Merchant
(Independent Director)
5. Mrs. Maithali Siswawala
(Independent Woman Director) X

Notes:

1. Mr. Amit Patel retired from the post of Managing Director w.e.f. September 01,2019. However, he continued to be on Board as Non Executive Director of the Company.

2. Mr. Aditya Patel was re-designated as Managing Director w.e.f. September 01,2019

ii. Committees of the Board:

The following committee meetings were held:

a) Audit Committee:

Sr.

No. of Meeting Attended

No Name of Director 23.05.2019 17.06.2019 14.08.2019 12.11.2019 11.02.2020
1. Mr. Sudhir Patel (Chairman)

2. Mr. Aditya Patel (Member)

3. Mr. Sunil Merchant (Member)

4. 1Mrs. Maithili Siswawala (Member) NA

X

Notes:

1. Mrs. Maithili Siswawala was appointed as Independent Director w.e.f. 23.05.2019 and accordingly the Committee was re constituted by inducting her as member in the said meeting.

b) Stakeholders' Relationship Committee:

Sr. No. of Meetings Attended
No Name of the Member 12.11.2019
1. Mr. Sudhir Patel (Chairman)
2. Mr. Sunil Merchant (Member)
3. Mrs. Maithili Siswawala (Member) X

c) Nomination and Remuneration Committee:

Sr. No. of Board Meetings Attended
No Name of the Director 23.05.2019 14.08.2019 12.11.2019 11.02.2020
1. Mr. Sudhir Patel (Chairman)
2. Mr. Sunil Merchant (Member)
3. 'Mrs. Maithili Siswawala (Independent Director) NA X

Notes:

1. Mrs. Maithili Siswawala was appointed as Independent Director w.e.f. 23.05.2019 and accordingly the Committee was re constituted by inducting her as member in the said meeting.

G. Performance Evaluation:

Pursuant to the provisions of the Companies Act, 2013 the Board has carried out the annual performance evaluation of its own performance, its committees and that of its individual Directors. The evaluation was done based on set questionnaires which were given to them at the time of evaluation.

H. Code of Conduct:

The Directors and senior management personnel has Complied with the Code of Conduct of the Company.

I. Policy on Directors' Appointment and Remuneration:

The Nomination and Remuneration Committee of the Board formulated a Policy relating to the remuneration of Directors, Key Managerial Personnel and other Employees which, inter alia, prescribes the criteria for determining qualifications, positive attributes and independence of Directors. The Policy is available on the web site of the Company www.daikaffil.com and the link for the same is provided below: http://www.daikaffil.com/products/101017045532-1.pdf

8. RISK MANAGEMENT POLICY

The Board has been vested with specific responsibilities in assessing of risk management policy, process and system. The Board has evaluated the risks which may arise from the external factors such as economic conditions, regulatory framework, competition etc. The Executive management has embedded risk management and critical support functions and the necessary steps are taken to reduce the impact of risks. The Independent Directors expressed their satisfaction that the systems of risk management are defensible.

9. SUBSIDIARY / ASSOCIATE COMPANY etc.

The Company doesn't have any Subsidiary or Holding or Associate Company.

10. AUDITORS

a. Statutory Auditors:

During the year under review, the Auditors M/s. CNK & Associates LLP., resigned with effect from June 17, 2019.

The Board of Directors at their meeting held on June 17, 2019 appointed KC Mehta & Co., Chartered Accountants, Mumbai, bearing firm registration no. 106237W as new statutory auditors of the Company. Accordingly, their appointment was approved by the members at 27th Annual General Meeting.

Further, there is no qualification, adverse remark or observation in their audit report.

No instance of fraud was reported by the Auditors during the year.

The Company has received Eligibility certificate letter from them to the effect that their appointment, is within the prescribed limits under Section 141(3)(g) of the Companies Act, 2013 and that they are not disqualified for appointment.

b. Secretarial Auditor:

Pursuant to the provisions of Section 204 of the Companies Act, 2013 and rule 9 of The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, the Company has appointed Mr. Dinesh Kumar Deora, (Membership No. FCS 5683, COP No. 4119) to undertake the Secretarial Audit of the Company. The Report of the Secretarial Audit Report in Form MR - 3 is annexed herewith as "Annexure A".

Further there is no adverse remark, qualifications or observations contained in the secretarial audit report.

c. Internal Auditor:

As required under Section 138 of the Companies Act, 2013 and Rule 13 of the Companies (Accounts) Rules, 2014, the Internal Audit function is carried out by M/S JMT & Associates, Chartered Accountants. The Internal Auditors present their report to the Audit Committee. The scope, functioning, periodicity and methodology for conducting the internal audit has been formulated in consultation with the Audit Committee and the Board of Directors.

11. CORPORATE GOVERNANCE REPORT

The paid-up capital of the Company is Rs. 6,00,00,000/- (Rupees Six Crores) i.e. less than Rs. 10 Crores and the Net-worth of the Company is less than 25 Crores as on the last day of the previous financial year.

Pursuant to regulation 15(2) of SEBI (LODR) Regulations, 2015 the compliance with the corporate governance provisions as specified in regulations 17, 18, 19, 20, 21,22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) of sub-regulation (2) of regulation 46 and para C , D and E of Schedule V SHALL NOT apply, in respect of those listed entities whose paid up equity share capital does not exceed rupees ten crore and net worth does not exceed rupees twenty five crore, as on the last day of the previous financial year. Accordingly your company is exempt from attaching Corporate Governance report.

12. MANAGEMET DISCUSSION AND ANALYSIS

The Management Discussion & Analysis Report, as per Part B of Schedule V under regulation 34(3) of the SEBI (LODR) Regulations, 2015 which forms an integral part of this Report, is annexed herewith as "Annexure B".

13. DISCLOSURE ON REMUNERATION OF DIRECTORS/KMP/EMPLOYEES

The information required under Section 197 read with Rule, 5(1) of The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, in respect of employees of the Company, is annexed herewith as "Annexure C".

14. CONSERVATION OF ENERGY, TECHNOLOGYABSORPTION AND FOREIGN EXCHANGE EARNINGS AND OUTGO

As required under Section 134 (3) (m) of the Companies Act, 2013 read together with the Rule 8 of the Companies (Accounts) Rules, 2014 the relevant information is given below.

Conservation of Energy and Technology Absorption

Your Company has installed a wet scrubber on boiler which will reduce the consumption of coal and more importantly protect the environment. This will minimize the carbon particles being released in the atmosphere. A tertiary treatment plant on line to reduce the water pollution load has also been installed.

The electrical instruments have been connected on line which has reduced the power consumption.

Foreign Exchange Earnings and Outgo:

(Rs. in Lakh)

Foreign Exchange Earnings: 1142.11
Foreign Exchange Outgo: 223.50

15. PARTICULARS OF LOANS, GUARANTEES AND INVESTMENTS U/S 186:

The Company has not given any loans covered under the provisions of section 186 of the Companies Act, 2013. The details of the investments made by Company are given in the notes to the financial statements.

16. MATERIAL CHANGES AFFECTING THE FINANCIAL POSITION OF THE COMPANY

There have been no material changes / events occurring after balance sheet date till the date of the report to be stated.

17. RELATED PARTY TRANSACTIONS:

All transactions entered with Related Parties for the year under review were on arm's length basis and in the ordinary course of business and that the provisions of Section 188 of the Companies Act, 2013 and the Rules made thereunder are not attracted. Thus, disclosure in form AOC-2 in terms of Section 134 of the Companies Act, 2013 is not required. Further, there are no material related party transactions entered during the year under review with the Promoters, Directors or Key Managerial Personnel. All Related Party Transactions, if any, are placed before the Audit Committee.

18. DETAILS OF ESTABLISHMENT OF VIGIL MECHANISM FOR DIRECTORS & EMPLOYEES

The Company has established a Vigil Mechanism that enables the Directors and Employees to report genuine concerns. The Vigil Mechanism provides for (a) adequate safeguards against victimization of persons who use the Vigil Mechanism; and (b) direct access to the Chairperson of the Audit Committee of the Board of Directors of the Company in appropriate or exceptional cases. Details of the Vigil Mechanism policy are made available on the Company's website www.daikaffil.com.

The link for the same has been provided below: http://www.daikaffil.com/products/010415064143-1.PDF

19. DIRECTORS' RESPONSIBILITY STATEMENT

Your Directors make the Directors' Responsibility Statement in terms of Section 134(3) (c) of the Companies Act, 2013 and confirm that-

i) In the preparation of the annual accounts, the applicable accounting standards have been followed;

ii) The Directors have selected such accounting policies and applied them consistently and made judgments and estimates that were reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the Company for the year under review;

iii) The Directors have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities;

iv) The Directors have prepared the annual accounts on a going concern basis.

v) The Directors have laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively;

vi) The Directors have devised proper system to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively;

20. SECRETARIAL STANDARDS

The Directors confirm that the Company is in compliance with applicable secretarial standards issued by Institute of Company Secretaries of India.

21. PARTICULARS OF EMPLOYEES

The Company does not have any employee whose particulars are required to be given pursuant to Rule, 5(2) of The Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 in respect of employees of the Company.

22. DISCLOSURES UNDER SEXUAL HARASSMENT OF WOMEN AT WORKPLACE (PREVENTION. PROHIBITION & REDRESSAL) ACT. 2013:

The Company has in place Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. All employees are covered under this policy.

There are no cases filed under the above Act and hence no comments required on disposal of the cases under the same.

No. of complaints filed during the financial year financial year No. of complaints disposed off during the No. of complaints pending as at end of the financial year
0 0 0

23. PERSONNEL:

Industrial relations at the Company's factory and other establishments remained cordial during the year. We appreciate the contribution made by the employees towards achieving improved productivity and flexibility in operation.

24. OVERVIEW OF THE INDUSTRY AND IMPORTANT CHANGES IN THE INDUSTRY DURING THE LAST YEAR AND EXTERNAL ENVIRONEMNT AND ECONOMIC OUTLOOK:

The information pertaining to overview of the industry and important changes in the Industry and External Environment and Economic Outlook during the last year has been incorporated in Management Discussion and Analysis part of the report. The same forms part of the report.

25. INDUCTION OF STRATEGIC AND FINANCIAL PARTNERS DURING THE YEAR:

During the year under review, your Company did not induct any Strategic and Financial Partner.

26. INVESTOR EDUCATION AND PROTECTION FUND (IEPF):

Pursuant to provisions of Section 124(5) of the Companies Act, 2013, dividend for the financial year ended March 31,2013 and thereafter, which remains unclaimed for a period of 7 years shall be transferred by the Company to Investor Education and Protection Fund established by the Central Govt.

Information in respect of such unclaimed dividend when due for transfer to the fund is given below:

Financial Year Type of Dividend Date of Declaration Remained Unclaimed for 7 years (Due date shall be plus 30 days) Amount lying in the Account as on 31.03.2020
2012-2013 Final Dividend 27-09-2013 03-10-2020 106,231.00
2013-2014 Final Dividend 26-09-2014 03-10-2021 167,792.80
2014-2015 Final Dividend 21-08-2015 25-09-2022 161,499.60
2015-2016 Final Dividend 02-09-2016 06-10-2023 193,663.00
2016-2017 Final Dividend 04-08-2017 11-09-2024 347,716.30
2017-2018 Final Dividend 10-08-2018 17-09-2025 159,662.40
2019-2020 Interim Dividend 11-02-2020 18-03-2027 524,790.00

Those Members who have so far not en-cashed their dividend warrants from the final dividend from F.Y. 2012 - 2013 onwards, may approach the Registrar and Share Transfer Agents, M/s. Link Intime India Pvt. Ltd, for making their claim without any further delay as the said unpaid dividends shall be transferred to the Investor Education and Protection Fund of the Central Government pursuant to the provisions of Companies Act.

In terms of Section 124(6) of Companies Act, 2013 and the Rules notified there under, including amendments thereof, the shares in respect of which dividend has not been paid or claimed for a period of seven consecutive years or more, are required to be transferred by the Company to the IEPF Suspense Account.

Accordingly, the Company has transferred shares to IEPF Suspense Account in respect of which dividend has not been paid or claimed since 2011-12. The summary for the same is given below:

Name of Depository Demat Account Maintained with Account details
CDSL SBICAP Securities Limited DP ID: 1204 7200 Client ID:1367 6780

with the break-up/details of total number of shares transferred to Investor Education and Protection Fund (IEPF) is provided below:

Shares held: Number of records Number of shares (Quantity)
CDSL 02 184
NSDL 06 1500
Physical 37 5,000
Total 45 6,684

The details of unpaid / unclaimed dividend and number of shares transferred are available on our website: (www.daikaffil.com)

Shareholders are requested to note that no claim shall lie against the Company in respect of any amounts which were unclaimed and unpaid for a period of seven years and transferred to Investor Education and Protection Fund of the Central Government. However, Shareholders may claim from IEPF Authority both unclaimed dividend amount and the shares transferred to IEPF Suspense Account as per the applicable provisions of Companies Act, 2013 and rules made thereunder.

27. POLICY AND FRAMEWORK:

During the year under review, the Board of Directors at their meeting held on May 23, 2019 approved the following, consequent to amendment in SEBI (Prohibition of Insider Trading) Regulations, 2015:

a. Amended existing code of practices and procedures for fair disclosure of unpublished price sensitive information;

b. Framed and Adopted new Code of Conduct;

c. Framed and Adopted new Policy for determining the legitimate purposes for sharing UPSI (Unpublished Price Sensitive Information);

d. Framed and Adopted new policy for Inquiry in case of leak of UPSI.

28. ACKNOWLEDGEMENT:

The Directors wish to place on record their appreciation for the continued support and co-operation by Government Authorities, Financial Institutions, Banks and our valued customers along with dedicated service of all the workers, staff and the officers, whose continuous support is a pillar of strength which have largely contributed to the efficient management of the Company. Suffice it to say, that your co-operation as our shareholders is hereby acknowledged with gratitude.

For and On Behalf of the Board of Director
DAIKAFFIL CHEMICALS INDIA LIMITED
Sd/- Sd/-
ADITYA PATEL AMIT PATEL
(MANAGING DIRECTOR) (DIRECTOR)
Date: June 30, 2020 (DIN: 00005276) (DIN: 00005232)

   

Daikaffil Chemicals India Ltd Company Background

Sudhir M PatelAditya Patel.
Incorporation Year1992
Registered OfficeE-4 MIDC Tarapur,Boisar
Thane,Maharashtra-401506
Telephone91-22-22021368/22025004,Managing Director
Fax91-22-22027839
Company SecretarySeemab Ansari
AuditorK C Mehta & Co
Face Value10
Market Lot1
ListingBSE,
RegistrarLink Intime India Pvt Ltd
C-101 247 Park ,L B S Marg ,Vikhroli West ,Mumbai-400083

Daikaffil Chemicals India Ltd Company Management

Director NameDirector DesignationYear
Aditya Patel. Managing Director 2020
Sudhir M Patel Chairman & Independent Directo 2020
Amit Patel. Non-Exec & Non-Independent Dir 2020
Maithili Siswawala Non-Exec & Non-Independent Dir 2020
Sunil Merchant Non-Exec. & Independent Dir. 2020
Seemab Ansari Company Secretary 2020

Daikaffil Chemicals India Ltd Listing Information

Daikaffil Chemicals India Ltd Finished Product

Product NameUnit Installed
Capacity
Production
Quantity
Sales
Quantity
Sales
Value
Organic Chemicals & Intermed. NA 00015.4322
Export Incentives NA 0000.2876
Organic Intermediates - TradedNA 0000
Dyes & Intermediates MT 0000
Dyes & Intermediates-Traded MT 0000
Optical Brighteners NA 0000
Optical Brightener-Traded NA 0000
Sale of Products NA 0000
Excise Duty NA 0000
Processing Charges MT 0000
Optical Whitening Agents MT 0000
Optical Whitening Agents- Liq MT 0000
Organic Intermediates MT 0000
Other Operating Revenue NA 0000
Others NA 0000

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