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What is shareholding pattern? Who are shareholders?
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Daikaffil Chemicals India came into the public issue in May 95 for expansion. Promoted by J G Patel -- ex-joint managing director of Indian Dyestuff Industries (IDI) -- and others, Daikaffil Chemicals India (DCI), is presently involved in the manufacture of DNS, is now expanding its DNS capacity from 120 tpa to 480 tpa, and integrating forward to manufacture DASDA and optical brightening agents (OBA). DCI has entered into an technical cum financial support from Daika (Japan), whereby the latter will buy the production of DCI, for a period of ten years. Presently DCIL is managed under the leadership of Mr. Jayant G Patel as its Chariman and Mr. Amit J Patel as its Managing Director. Di-nitro stilbene (DNS) is an intermediate used to manufacture di-amino stilbene di-sulphonic acid (DASDA), which is the raw material for OBA. OBAs find application in the paper and cotton textile industries.