About
Basic Data Updated:
4 months agoPanama Petrochem Limited is a company that specializes in the production of specialty petroleum products. According to a credit rating report, the company offers a wide range of over 80 product variations, including liquid paraffin oils, petroleum jelly, ink oils, antistatic coning oil, rubber process oils, transformer oils, cable filling compounds, and paraffin wax. These products are utilized in various industries such as automobile, pharmaceuticals, power, engineering, textiles, rubber, and cosmetics. The company's products are in high demand and are exported to more than 40 countries worldwide, including South America, Africa, Europe, and the Far East. With four manufacturing facilities located in Western India, specifically in Ankleshwar, Daman, Taloja, and Dahej, the company has a t... Read More
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Panama Petrochem Limited
Solvent Dyes
Machine Oils
Rubber Processing Oil
Grease
Financials of Panama Petrochem Limited
Panama Petrochem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.96% increase. The company also saw a slight improvement in profitability, with a 5.35% increase in profit. The company's net worth Soared by an impressive increase of 19.31%.
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Corporate Structure
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People in Panama Petrochem Limited
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Executive Team (4)
Hussein Rayani
Managing DirectorAppointment Date: 30-May-2011
Status: Current
SR
Samir Rayani Managing DirectorAppointment Date: 01-Dec-2000
Status: Current
GS
Gayatri Sharma Company SecretaryAppointment Date: 08-Dec-2010
Status: Current
PM
Pramod Maheshwari CFOAppointment Date: 21-May-2014
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Feb 2020 | ₹80.00 Cr | Open |
Axis Bank Limited Creation Date: 18 Dec 2017 | ₹90.00 Cr | Open |
Others Creation Date: 17 Nov 2017 | ₹65.00 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Panama Petrochem Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.
29 Aug 2023Balance Sheet
Panama Petrochem Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
31 Mar 2023Charges
A charge with Others of Rs. 80.00 cr registered on 28 Feb 2020 with Charge ID 100329724 was modified on 15 Nov 2021.
15 Nov 2021Charges
A charge with Axis Bank Limited of Rs. 90.00 cr registered on 18 Dec 2017 with Charge ID 100146511 was modified on 14 Jun 2021.
14 Jun 2021Charges
A charge registered on 29 Aug 2011 via Charge ID 10310395 with Dbs Bank Ltd was fully satisfied on 11 Dec 2020.
11 Dec 2020
Frequently asked questions
What is the Incorporation or founding date of Panama Petrochem Limited?