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IG Petrochemicals share news and announcements

NSE: IGPLBSE: 500199Chemicals & PetrochemicalsSmall Cap

Last close ₹507.35down ₹33.65 (6.22%)BSE ₹507.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹541.00.

52-week range of traded prices to 23 Oct 2026
₹315.00Low, 9 Mar 2026₹609.90High, 28 Sep 2026
Market cap
₹1,562 Cr1,383rd largest listed
P/E
19.1
P/B
1.2
Dividend yield
0.99%
ROE
6.1%
ROCE
8.1%
Debt to equity
0.27
Volume, NSE
58,75360.8% delivered

IG Petrochemicals share news and announcements

573 announcements, routine notices left out, newest first. Page 11 of 12.

  1. Jan 2010

    • 28 Jan · Audit Qualifications

      Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the unaudited Financial Results for the quarter ended December 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on January 28, 2010) that: "The auditors have qualified the financial statement for the year ended March 31, 2009 regarding depreciation on Plant & Machinery w.e.f. April 01, 2006 on the basis of useful life of the assets as determined by an approved valuer as against the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of the Assets. This has resulted in decrease in quarterly depreciation charged by Rs.217.34 Lacs".

    • 18 Jan · Board meeting

      Meeting on 28 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”

    • 15 Jan · Updates

      Ig Petrochemicals Ltd. has submitted the Exchange a copy of Business Report-January 2010.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  2. Nov 2009

    • 24 Nov · Limited Review Report

      IG Petrochemicals Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended September 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 Nov · Audit Qualifications/Management Comments

      Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the unaudited Financial Results for the quarter ended September 30, 2009 (taken on record by the Board of Directors of the Company at its meeting held on October 28, 2009) that : "The auditors have qualified the financial statement for the year ended March 31, 2009 regarding depreciation on Plant & Machinery w.e.f. April 01, 2006 on the basis of useful life of the assets as determined by an approved valuer as against the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of the Assets. This has resulted in decrease in quarterly depreciation charged by Rs.217.34 Lacs".

  3. Oct 2009

    • 30 Oct · Board meeting

      Ig Petrochemicals Ltd. has informed the Exchange that the Board of Directors at the meeting held on October 28, 2009 have not declared Interim Dividend.

    • 30 Oct · Updates

      Ig Petrochemicals Ltd. has informed the Exchange that "There was a minor fire in the Distillation Section of PA-II Plant of the Company at Taloja and hence the plant has been shut down. The work force has been deployed to put the plant in order at the earliest. The plant is fully insured and the company has adequate stock of Phthalic Anhydride (PA) to take care of the present customers needs".

    • 28 Oct · Business

      Ig Petrochemicals Ltd. has informed the Exchange regarding a press release dated October 28, 2009, titled "Q2/H1 FY2010 Financial Results Highlights". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 20 Oct · Updates

      Ig Petrochemicals Ltd. has informed the Exchange that: "The Company's PA Plant at Taloja which was shut down for maintenance work has restarted production on 18.10.2009".

    • 16 Oct · Board meeting

      Meeting on 28 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009/Unaudited Financial Results/Dividend”

    • 1 Oct · Updates

      Ig Petrochemicals Ltd. has informed the Exchange that "The Company has taken a planned shutdown of one of its PA Plant at Taloja,Maharashtra to carry out routine maintenance activities. The shutdown is expected to last for approximately two weeks. The Company has sufficient stock of PA in hand and the product supplies to the customers will be unaffected during the period of shutdown."

  4. Sep 2009

    • 7 Sep · Updates

      Ig Petrochemicals Ltd. has informed the Exchange that NEDERLANDSE FINANCIERINGS MAATSCHAPPIJ VOOR ONTWIKKELINGSLANDEN N.V. (FMO) to whom the Company had allotted 15,00,000 convertible warrants on March 05, 2008 at Rs.77.50 per warrant and which were convertible into 15,00,000 equity shares after the expiry of 18 months from the date of allotment of warrants i.e. on September 05, 2009 have informed us that they do not wish to proceed with the conversion of the said warrants due to the global economic slowdown and the prevailing market conditions in India. In view of the above the Company has forfeited 15,00,000 convertible warrants issued to FMO alongwith the amount of Rs.1,16,25,000/- being 10% subscription amount received by the Company, consequent upon expiry of 18 months from the date of issue of these warrants.

  5. Aug 2009

    • 10 Aug · Limited Review Report

      IG Petrochemicals Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  6. Jul 2009

    • 31 Jul · Management

      Ig Petrochemicals Ltd. has informed the Exchange that at the Board Meeting held on July 28, 2009 the Board inter alia considered and approved the following : Appointed Prof. A K A Rathi as an Additional Director (Non-Executive and Independent) on the Board of the Company.

    • 17 Jul · Board meeting

      Meeting on 28 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”

  7. Jun 2009

    • 29 Jun · Meeting

      Ig Petrochemicals Ltd. has informed the Exchange that at the Annual General Meeting (AGM) held on 27 June, 2009 the shareholders of the Company approved the following: (1) Adoption of Audited Statement of Accounts of the Company for the year ended 31 March, 2009 and the Directors Report. (2) Re-appointment of Mr. Rajesh Muni as the Director of the Company liable to retire by rotation. (3) Re-appointment of M/s. Hariharan & Co., Chartered Accountants, Bangalore as the Statutory Auditors of the Company from the conclusion of this meeting until the conclusion of the next Annual General Meeting of the Company at a remuneration to be fixed by the Board of Directors. (4) Modification to the terms of appointment of Shri J K Saboo, Executive Director, as a Director liable to retire by rotation.

  8. May 2009

    • 27 May · Updates

      Ig Petrochemicals Ltd. has submitted to the Exchange a copy of statement under clause 20 of the listing agreement with respect to financial results for the year ended March 31, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 26 May · Meeting

      Ig Petrochemicals Ltd. has informed the Exchange that the Board of Directors at the meeting held on May 25, 2009 have considered and approved the following : 1) Appointed M/s. Hariharan & Co., Chartered Accountants, Bangalore as the Statutory Auditors for the year 2009-2010 subject to approval by shareholders at the ensuing Annual General Meeting. 2) The Preferential issue of Warrants has been deferred for the time being. 3) The Annual General Meeting (AGM) has been fixed on June 27, 2009 and the book closure dates from June 23, 2009 to June 27, 2009 (both days inclusive) for the purpose of AGM.

    • 26 May · Audit Qualifications

      Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on May 25, 2009) that the auditors have qualified the financial statement for the year ended March 31, 2008 regarding depreciation on Plant & Machinery w.e.f. April 01, 2006 on the basis of useful life of the assets as determined by an approved valuer as against the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of the Assets. This has resulted in decrease in quarterly depreciation charged by Rs. 217.34 Lacs.

    • 13 May · Board meeting

      To consider the Audited Financial Results of the Company for the year ended March 31, 2009.

  9. Apr 2009

    • 15 Apr · Results

      Ig Petrochemicals Ltd. has informed the Exchange that "The Company has opted to submit the Audited Financial Results for the year ended 31 March, 2009 within a period of three months from the end of the financial year as stipulated therein i.e. on or before 30 June 2009. Accordingly in view of the above option being exercised, the unaudited financial results for the fourth quarter ended 31 March 2009 will not be submitted."

    • 9 Apr · Management

      Ig Petrochemicals Ltd. has informed the Exchange that M/s. S R Batliboi & Co., Chartered Accountants, Mumbai, the Joint Statutory Auditors of the Company have as per their letter dt. March 24, 2009 resigned from office. The same has been accepted by the Audit Committee and the Board vide circular resolutions dt. March 30, 2009. M/s. Hariharan & Co., Chartered Accountants, Bangalore, Joint Statutory Auditor will however continue as Sole Auditors to hold office upto the next Annual General Meeting and audit the accounts of the Company for the financial year 2008-2009.

  10. Feb 2009

    • 17 Feb · Limited Review Report

      IG Petrochemicals Ltd. has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 6 Feb · Disclosure

      Ig Petrochemicals Ltd. has informed the Exchange that pursuant to Regulation 8A(4) of SEBI (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2009, Company has submit the details of shares pledged by the promoter group Companies. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 Feb · Updates

      Ig Petrochemicals Ltd. has informed the Exchange that "The Central Government has as per the findings of the Director General (Safeguards), imposed a safeguard duty at the rate of 25% ad valorem on Phthalic Anhydride (PAN) vide Notification No. 9/2009 dt. 29.1.2009 of the Customs Tariff Act, 1975. The duty imposed shall be effective upto and inclusive of the 16th August, 2009 unless revoked, superseded or amended". Further the Company has informed that "The imposition of the Safeguards duty on Phthalic Anhydride (PA) may curtail the imports into the country and thereby the domestic prices of the product may witness an upward trend".

  11. Jan 2009

    • 30 Jan · Audit Qualifications

      Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended December 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on January 30, 2009) that: "The auditors have qualified the financial statement for the year ended 31.03.2008 regarding depreciation on Plant & Machinery w.e.f. 1.4.2006 on the basis of useful life of the assets as determined by an approved valuer as against the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of the Assets. This has resulted in decrease in quarterly depreciation charged by Rs.219.57 Lacs. The accumulated depreciation lower charged as at 31.12.2008 is Rs. 2,417.52 Lacs".

    • 20 Jan · Board meeting

      Meeting on 30 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

  12. Nov 2008

    • 17 Nov · Updates

      Ig Petrochemicals Ltd. has informed the Exchange that "The Company has been converted from 100% Export Oriented Unit (EOU) to domestic unit. The Company can therefore sell its entire production in the domestic market without any restrictions".

    • 3 Nov · Board meeting

      Ig Petrochemicals Ltd. has informed the Exchange that at the Board Meeting held on October 31, 2008 the Board inter alia considered and approved the following: (1) Unaudited Financial Results for the quarter ended September 30, 2008. The Company has reported Net Sales of Rs.18423.23 lacs as against Rs.15123.61 lacs during the corresponding quarter of the previous year, PBIT Rs.647.96 lacs as against Rs.1802.07 lacs during the same period and Net Profit of Rs.7.83 lacs as against Rs.1171.54 lacs during the same period in the previous year. (2) Conversion from EOU to Domestic Unit is under way and statutory compliances are expected to be completed shortly. (3) In view of the general slowdown in economy and the PA market in particular, the Company has decided to shut down immediately One unit of the Plant (PA-2) at Taloja, Maharashtra.

    • 1 Nov · Audit Qualifications

      Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the unaudited financial results for the quarter ended September 30, 2008 (taken on record by the Board of Directors of the Company at its meeting held on October 31, 2008) that: "The auditors have qualified the financial statement for the year ended 31.03.2008 regarding depreciation on Plant & Machinery w.e.f. 1.4.2006 on the basis of useful life of the assets as determined by an approved valuer as against the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of Assets. This has resulted in decrease in quarterly depreciation charged by Rs.219.57 Lacs".

  13. Oct 2008

    • 18 Oct · Board meeting

      Meeting on 31 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”

  14. Sep 2008

    • 16 Sep · Limited Review Report

      Ig Petrochemicals Ltd. has informed the Exchange that the auditor's have conducted the limited review of the Unaudited financial results for the quarter ended June 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  15. Jul 2008

    • 21 Jul · Board meeting

      Ig Petrochemicals Ltd. has informed the Exchange that at the Board Meeting held on July 18, 2008 the Board considered and approved the Unaudited Financial Results for the quarter ended 30.06.2008. The Company has reported Net Sales of Rs. 13463.06 lacs as against Rs. 15204.26 lacs during the corresponding quarter of the previous year, PBIT Rs. 1046.65 lacs as against Rs. 1560.80 lacs during the same period and Net Profit of Rs. 504.26 lacs as against Rs. 1005.03 lacs during the same period in the previous year.

    • 10 Jul · Meeting

      Ig Petrochemicals Ltd. has submitted to the Exchange a copy of the proceedings of the Annual General Meeting of the Company held on June 21, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 9 Jul · Board meeting

      Meeting on 18 Jul 2008: “Unaudited Financial Results for the Qtr ended June 30, 2008”

    • 7 Jul · Results

      Ig Petrochemicals Ltd. has submitted to the Exchange a copy of the results of the Postal Ballot signed by the Chairman, relating to resolution passed u/s 293 (1)(a) of the Companies Act, 1956. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  16. Jun 2008

    • 25 Jun · Meeting

      Ig Petrochemicals Ltd. has informed the Exchange that at the Annual General Meeting held on June 21, 2008 the shareholders approved the following: (1) Re-appointment of Mr. Premjit Singh as the Director of the Company liable to retire by rotation. (2) Re-appointment of joint statutory Auditors of the Company viz. M/s S.R. Batliboi & Co. Chartered Accountants, Mumbai and M/s Hariharan & Co., Chartered Accountants Bangalore from the conclusion of this meeting until the conclusion of the next AGM of the Company at a remuneration to be fixed by the Board of Directors. (3) Re-appointment of Mr. J.K Saboo as the Executive Director of the Company for a further period of three years w.e.f April 01, 2008.

  17. May 2008

    • 30 May · Meeting

      Ig Petrochemicals Ltd. has informed the Exchange that pursuant to Section 192A of the Companies Act, 1956, read with the Companies (Passing of the Resolution by postal ballot) Rules, 2001, that the Ordinary Resolution is proposed to be passed by way of postal ballot in terms of Section 293(1)(a) of the Act. Ordinary Resolution under Section 293(1)(a) of the Companies Act, 1956 for creation of mortgage/charge on the immovable and movable properties of the Company. The Company has appointed Mr. Hemanshu Kapadia, Practising Company Secretary as Scrutinizer for conducting Postal Ballot process in a fair and transparent manner. The duly completed Postal Ballot Forms should reach the Scrutinizer before closing business hours on June 25, 2008. The Scrutinizer will submit his report to the Chairman after completion of scrutiny of the Postal Ballot Forms received and the results of the voting by Postal Ballot will be announced on July 05, 2008. A copy of the Notice of the Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 15 May · Audit Qualifications

      Ig Petrochemicals Ltd. has informed the Exchange vide notes to Accounts in the Audited Financial Results for the quarter and year ended March 31, 2008 (taken on record by the Board of Directors of the Company at its meeting held on May 07, 2008) that: "The auditors have qualified the financial statement for the year ended 31.03.2007 regarding provision of depreciation on Plant & Machinery w.e.f. 1.4.2006 on the basis of useful life of the assets as determined by an approved valuer instead of providing depreciation at the rates specified in the Schedule XIV of the Companies Act, 1956. The Company continues to provide depreciation on the same basis in order to reflect the proper Value of Assets based on useful life of Assets. This has resulted in decrease in quarterly depreciation charged by Rs.219.57 Lacs".

    • 9 May · Updates

      Ig Petrochemicals Ltd. has submitted to the Exchange a statement under clause 20 of the listing agreement with respect to financial results for the year ended March 31, 2008. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 9 May · Meeting

      Ig Petrochemicals Ltd. has informed the Exchange that the Board of Directors at the Meeting held on May 07, 2008 have considered and approved the following:- 1) Audited Results for the year ended March 31, 2008 alongwith Directors Report and the Report on Corporate Governance. The Gross Sales was at Rs. 62541.35 lacs as against Rs. 60743.05 lacs in the previous year. Net Profit was at Rs. 3056.23 lacs against Rs. 2968.93 lacs in the previous year. 2) Annual General Meeting has been fixed on June 21, 2008 and the Book closure dates from June 17, 2008 to June 21, 2008 (both days inclusive) for the purpose of Annual General Meeting. 3) Appointed M/s. S R Batliboi & Co., Chartered Accountants, Mumbai and M/s. Hariharan & Co., Chartered Accountants, Bangalore as the Joint Statutory Auditors for the year 2008-2009. 4) Approved the enhancement of limits u/s. 293(1)(a) of the Companies Act, 1956 upto Rs.500 crores for creation of mortgage/ charge on immovable/ movable properties of the Company subject to the approval of the shareholders by Postal Ballot. 5) Appointed Mr. Hemanshu Kapadia, Practising Company Secretary as the Scrutinizer for the said purpose who shall submit his report on July 05, 2008 and declared by the Chairman of the Company on the same date.

  18. Apr 2008

    • 28 Apr · Board meeting

      To consider the Audited Financial Results of the Company for year ended March 31, 2008.

    • 23 Apr · Results

      Ig Petrochemicals Ltd. has informed the Exchange that "The Company intends to publish the Audited Results for the Financial year ended 31st March 2008 within a period of three months i.e. on or before 30th June 2008. Hence the Unaudited Financial Results for the quarter ended 31st March 2008 shall not be published."

  19. Mar 2008

    • 12 Mar · Limited Review Report

      Ig Petrochemicals Ltd. has informed the Exchange that the auditor's have conducted the limited review of the Un-Audited Financial Results for the quarter ended December 31, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 10 Mar · Board meeting

      Ig Petrochemicals Ltd. has informed the Exchange that at the Board Meeting held on March 05, 2008 the Board interalia considered and approved the following. (1) Receipt of Rs. 1,16,25,000/- being 10% of the total amount of share warrants for Rs. 11,62,50,000 ( 15,00,000@ of Rs. 77.50 per share warrant). Accordingly the Board has allotted 15,00,000 shares warrant to Nederlandse Financierings Mattschappij Voor Ontwikkelingslanden NV (FMO) and warrant certificate is being issued to the investor. (2) Re-appointment of Shri J K Saboo as Executive director with effect from April 01, 2008 for a further period of three years. (3) Change in designation of Mr. Tarun Gandhi as Nominee director of Bank of America instead of Spinnaker Group. (4) Formation of a 100% Subsidiary company at Jebel Ali Free Zone, Dubai, UAE, in the name of "I G Petrochemicals FZE". (5) Approved the Limited Review Report for the quarter ended December 31, 2007 as submitted by the joint Statutory Auditors.

    • 4 Mar · Board meeting

      To inter-alia discuss and approve the following: 1)Allotment of 15,00,000 share warrants to Financierings Maatschappij voor Ontwikkelingslanden NV (FMO) at a price of Rs.77.50 per warrant; 2) Re-appointment of Shri J K Saboo as the Executive Director of the Company for a further period of three(3) years w.e.f. April 01,2008.

  20. Jan 2008

    • 30 Jan · Meeting

      Ig Petrochemicals Ltd. has submitted to the Exchange a copy of the Minutes of the Extra Ordinary General Meeting of the Company held on January 09, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 25 Jan · Board meeting

      Ig Petrochemicals Ltd. has informed the Exchange that the Board Meeting held on January 23, 2008 the Board inter alia considered and approved the following:- 1) Unaudited Financial Results for the quarter ended December 31, 2007. The Company has reported Net Sales of Rs. 13224.99 lacs as against Rs. 14959.11 lacs during the corresponding quarter of the previous year, PBIT Rs. 1050.27 lacs as against Rs. 1789.30 lacs during the same period and Net Profit of Rs. 501.65 lacs as against Rs. 1087.44 lacs during the same period in the previous year. 2) The issue of share warrants has been deferred due to pendency of certain regulatory approvals.

    • 15 Jan · Board meeting

      Interalia to consider the Unaudited Financial Results of the Company for the quarter ended December 31, 2007 and allotment of share warrants.

    • 10 Jan · Meeting

      Ig Petrochemicals Ltd. has informed the Exchange that : "At the Extra Ordinary General Meeting (EGM) of the Company held on 9.1.2008 the members have passed the Special resolution to offer, issue and allot 15,00,000 share warrants at a price of Rs. 77.50 per warrant to M/s. Financierings Maatschappji voor Ontwikkelingslanden N V (FMO) to be converted into 15,00,000 equity shares of Rs. 10/- each at a premium of Rs.67.50 per equity share in the ratio of 1:1 within a period of 18 months from the date of allotment of share warrants".