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Account Opening Form – Equity & Derivatives
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1. Funding capital expenditure:a. for expansion of production capacity for microcrystalline cellulose (“MCC”) at Dahej, Gujarat.b. for expansion of production capacity for microcrystalline cellulose (“MCC”) at Jhagadia, Gujarat.c. to manufacture Croscarmellose Sodium (“CCS”), a modified cellulose used as excipient at Kurnool, Andhra Pradesh.2. General Corporate Purposes.
Our Company was incorporated as a private limited company in 1989, with the business to manufacture chlorinated paraffinand hydrochloric acid in our manufacturing unit situated at Hyderabad. In the year 1990, our Company diversified its product portfolio to manufacture microcrystalline cellulose (“MCC”). Our Company commenced its export operations in the year 1996 by exporting its first order o...