Description
BSE revokes trading suspension for Shentracon Chemicals Limited (Scrip Code: 530757), allowing resumption of equity share trading.
Summary
BSE has revoked the suspension in trading of equity shares of Shentracon Chemicals Limited (Scrip Code: 530757). The circular includes comprehensive company profile information detailing Shentracon’s business operations as a chemical manufacturing company specializing in inorganic chemical compounds.
Key Points
- Trading suspension revoked for Shentracon Chemicals Ltd (Scrip Code: 530757)
- Company registered office: 6A, Kiran Shankar Roy Road, 3rd Floor, Kolkata-700001
- CIN: L24299WB1993PLC059449
- Email: investor@shentracon.com, Website: www.shentracon.com
- Managing Director: Mr. Sanjay Sureka
- Chairman: Mrs. Garima Sureka
- Company Secretary & Compliance Officer: Mrs. Vandana Gupta
Company Business Profile
Shentracon Chemicals Limited operates as a manufacturing company specializing in inorganic chemical compounds production using advanced rotary batch oil-fired technology. Key products include:
- Sodium Dichromate: Used in pigments, dyes, leather tanning, metal finishing, and pharmaceutical manufacturing
- Basic Chrome Sulphate: Utilized in leather tanning and processing for enhanced strength, durability, and water resistance
- Sodium Sulphate Anhydrous: Applied in detergent and glass industries as filler in laundry detergents
- Chrome Oxide Green: Used in pigments for paints, coatings, ceramics, and refractory materials
Market Operations Impact
The revocation enables:
- Resumption of normal trading activities for SHENTRACON shares
- Restoration of market liquidity for existing shareholders
- Re-engagement of institutional and retail investors
Company Operations
- Serves diverse industries: leather tanning, chemical manufacturing, glass production, paint and coatings
- Employs rotary batch oil-fired technology for efficient production
- Maintains commitment to quality control and environmental sustainability
- No group companies or additional plant locations reported
Impact Justification
Trading suspension revocation allows resumed market activity for affected stock and investors