INEOS ABS (INDIA) LIMITED

INEOS ABS (INDIA) LIMITED

ABOUT THE COMPANY

The Company was incorporated as ABS Plastics Limited in the year 1973.

In 1992, the name was changed to ABS Industries Limited.

In 1997, Bayer AG acquired a majority share of 51% in ABS Industries Limited. The company then became a part of the Bayer group and was rechristened as “Bayer ABS Limited”.

In early 2004, Bayer Group globally decided to restructure its business, The styrenic-based Polymer products became the part of a new group named LANXESS and Company's name changed to "LANXESS ABS Limited".

In 2008, INEOS ABS (Jersey) Limited, UK, acquired major stake constituting 83.33 % of total paid up capital of the Company, thereby becoming the holding Company of LANXESS ABS Ltd. After following appropriate required procedure, the change of name was effected from. June 17,2008 to INEOS ABS
(India) Limited.

>>The Pulic Announccement to the Shareholders of INEOS ABS (INDIA) Limited.

>>BASF and INEOS to establish a new leading global styrenics company called Styrolution.

>>Corporate Disclosure dated. Oct 5, 2011.

>> The 38th Annual General meeting is scheduled to be held on 5.5.2011 at 11.30 a.m. at the Registered Office of the Company.

>>The Annual Report for the Financial Year ended on 31.12.2010 has been despatched to all the shareholders at the address registered with the Company.

>>The Company has declared a Dividend of Rs. 4.00 per equity share of Rs. 10 i.e @ 40 % for the Year 2010 and the dividend will be paid on 10.5.2011, after the approval of the shareholders at the ensuing AGM.

© Copyright 2008 INEOS ABS (INDIA) Limited. All Right Reserved. Privacy Policy