Ishan Dyes and Chemicals Limited to Launch New Sulphur Derivatives Project in 2 to 3 Months

Ishan Dyes and Chemicals Limited, a leading player in the dye and chemical sector, has informed stock exchanges that its upcoming manufacturing facility for sulphur based derivative products is nearing completion. The company expects to commission and operationalise the project within the next 2 to 3 months.

The new unit is located at the company’s existing factory premises in Vatva GIDC Estate, Ahmedabad, Gujarat, and will strengthen Ishan Dyes’ portfolio by aligning closely with its existing product lines.

Strategic Importance of the Project

This expansion is expected to:

• Synergise with the existing core business

• Provide a new growth trajectory in terms of both revenue and profitability

• Enable the company to cater to increasing demand for sulphur derivatives in India and abroad

The company’s management highlighted that this project forms part of a long-term vision to drive sustainable growth and enhance value for stakeholders.

Management's Focus on Growth

In its official communication, Whole-Time Director Shrinal P Patel reaffirmed the company’s commitment to business growth and innovation. The management has been actively pursuing expansion opportunities and this project is a direct result of that strategy.

The statement added that all regulatory requirements under Regulation 30 of SEBI LODR Regulations 2015, including amendments and circulars, have been followed in issuing the update.

Background and Legacy

Ishan Dyes and Chemicals Limited, incorporated in 1993, has been manufacturing and exporting a wide range of dyes, intermediates, and chemicals from its Gujarat-based facility. The company’s products are widely used across industries including textiles, pharmaceuticals, agrochemicals, and rubber.

With a strong customer base in India and overseas markets, Ishan Dyes has built a reputation for quality, compliance, and technical expertise. The upcoming sulphur derivative plant is a significant addition to its manufacturing capabilities and is expected to broaden the company’s revenue streams.

Location and Infrastructure

The new project is being set up at the company’s registered office and factory premises located at:

18, GIDC Estate, Phase-I, Vatva, Ahmedabad - 382 445, Gujarat, India
Contact: +91-79-25832144, 25893607
Email: ishandyes@yahoo.com, ishan@ishandyes.com
Website: www.ishandyes.com

The company is listed on both BSE (Scrip Code: 531109) and NSE (Symbol: ISHANCH).

Outlook

As the plant enters the commissioning stage, Ishan Dyes is optimistic about the incremental contribution to revenue and profitability. With the Indian chemical industry growing steadily and demand for specialty chemicals rising, this project could well position the company as a stronger player in the derivatives segment.

Stakeholders and analysts will be closely watching the successful execution and subsequent performance of this new facility, which could shape future earnings and valuation potential for Ishan Dyes and Chemicals LimitedThe Upcoming IPOs in this week and coming weeks are Safe Enterprises Retail Fixtures, Globe Civil Projects, Sambhav Steel Tubes, Ellenbarrie Indutrial Gases, Kalpataru, HDB Financials, AJC Jewel, ArisInfra Solutions, Influx Healthtech, Mayasheel Ventures, Eppeltone Engineers.

The Current active IPO are Oswal Pumps, Patil Automation, Samay Projects Services, Aten Papers, Monolithisch India.

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