December 26, 2014 1:21 PM ET

Chemicals

Company Overview of Kudos Chemie Limited

Company Overview

Kudos Chemie Limited manufactures chemicals under the Xanthenes group of chemicals including synthetic caffeine. The company was incorporated in 1988 and is based in Derabassi, India.

Village Kuranwala

Barwala Road

Derabassi,  140507

India

Founded in 1988

Phone:

91 17 6228 0136

Fax:

91 17 6228 0136

Key Executives for Kudos Chemie Limited

Managing Director
Compensation as of Fiscal Year 2014.

Kudos Chemie Limited Key Developments

Punjab To Invite Financial Bids for PACL Disinvestment

With disinvestment of state government's stake in ailing unjab Alkalies and Chemicals Ltd. (BSE:506852) top on agenda, the Punjab government will ask the four qualified bidders, Aditya Birla Chemicals (India) Limited (BSE:500057), Nirma Limited, Kudos Chemie Limited and a consortium of Al Shemail Garments & Perfumes Trading LLC to submit financial bid by November 2014. Speaking to Business Standard, a senior official in the government said, "The qualified bidders have already carried out due diligence for the purpose. We will have pre-bid conference shortly, where their queries, if they have any, will be addressed. After redressal of their queries, we will ask them to submit their financial bids within three weeks".

Aditya Birla And Others Eye Stake In Punjab Alkalies

Aditya Birla Chemicals (India) Limited (BSE:500057), Nirma Limited, and Kudos Chemie Limited have carried out their due diligence for buying 44.26% stake in Punjab Alkalies and Chemicals Ltd. (BSE:506852) (PACL) from Punjab State Industrial Development Corporation Ltd.(PSIDCL), which is up for sale. IFCI Limited is the global advisor for the proposed disinvestment by PSIDCL in PACL.

Four Companies Bid For Stake Buy In Punjab Alkalies

Punjab Alkalies and Chemicals Ltd. (BSE:506852) announced on October 10, 2014 that four companies including Aditya Birla has expressed interest to buy the Punjab State Industrial Development Corporation Ltd.'s 44.26% equity stake in Punjab Alkalies. "Kudos Chemie Limited, Derabassi (Punjab), Aditya Birla Chemicals (India) Limited, Nirma Limited, Ahmedabad and Alshemail Consortium are the qualified bidders who would be doing due diligence during the period from October 28, 2014 to October 31, 2014 in connection with the said proposed disinvestment," Punjab Alkalies & Chemicals said in a filing to BSE.

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