Jyoti Resins and Adhesives Share Price

Incorporated on 17 December, 1993, Jyoti Resins Adhesives Limited (JRAL) was promoted by Shri Jagdish N. Patel in 1995. The Company widened its product range to fulfil total demand of end users with various packings (smaller packs to large drums). The Company is one of Indias most trusted and fastestgrowing wood adhesive manufacturers and is engaged in the manufacture of Various types of wood adhesives with different formulations like waterproof, Antitermite fast drying, weather proof, antifungle adhesives. The manufacturing capacity is 40,000 TPA. The Company commenced business on 22 Feb.94. JRAL manufactures resins and adhesives. It came out with a Rs 2.98cr public issue in Sep.94 to partfinance a Rs 4.13cr project at Kalol near Ahmedabad to manufacture resins and adhesives like PVA alkyd, amino, phenolic, epoxy and polyamide resins with an installed capacity of 3360 tpa.The company held 100 % equity share capital of the M/s. Nilchem Infrastructure Ltd., and the said company became a subsidiary company of company in 200203.The Company expanded the production capacity to 500 TPM in 2017, and further extended the capacity to 1000 TPM in 2019. It doubled the production capacity to 2000 TPM in FY22. In FY 202324, Company expanded to new markets including New Delhi and Uttar Pradesh, by opening five new branches.