YEAR EVENTS 1987 - The Company was incorporated as a Public Limited Company on 12th August, under the Act with the Registrar of Companies, Maharashtra at Mumbai. - The main objective of the Company are fully set out in the Memorandum and Articles of Association of the Company. The immediate object of the Company is to set up a plant for the manufacture of Chlorpyriphos Technical with a capacity of 900 tpa. - The Company is promoted by Mr. P.P. Dave and Mr. J.P. Dave. They are the partners of M/s. All India Medical Corporation (AIMCO), pesticide formulators, marketing their products under the brand name `AIMCO PESTICIDES'. - APL has at present a 130 tpa plant for manufacture of Hydroquinone (HQN). - The Company is also engaged in executing turnkey jobs for setting up pesticide formulation units. -Government of India's Ministry of Science and Technology has endorsed the Aimco's R&D Centre at Lote Parshuram, Chiplun as a certified laboratory. -Thrust of the R&D has been mainly - Process development -Technology to manufacture off patented products -Development of new products and scale up -Improving existing process efficiency for higher productivity and for cost reductions Customized formulations 1992 - APL has entered into an agreement with Berol Nobel (a subsidiary of Nobel Industries, Sweden) to act as exclusive representatives for marketing their range of emulsifiers in India. 1993 - The Company public issue of 19,00,000 No. of Equity Shares of Rs.10/- each for cash at par, received overwhelming response from the investing public and the issue was oversubscribed by 5.5 times. 1995 - The Company has issued 6,00,000 No. of Equity Shares on private placement basis to Institutional Investors to meet the long term Working Capital requirements and backward integration projects of the Company. 1996-97 - NO NEWS 1998 - The company is introducing two new formulations in the India Market namely, Chlorpyriphos 10% Granules and Chlorpyriphos 1.5% Dust. 1999 - The Company is introducing a new Insecticide and a new Herbicide, the process for which was developed by the Company's Research & Development Centre, - The Company proposes to obtain ISO-14000 certification, once the ISO-9002 certification is obtained. 2000 -The Company has agreed to acquire upto 50% of the equity share capital of Hibiscus Het Pvt. Ltd. Hibicus Net Pvt. Ltd. is engaged in the business of design and development of custom software, intranet application development, e-commerce etc. 2006 -Mr. Mukesh D Patel (Non Executive Director) has been appointed as Chairman of the Company