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Nikhil Adhesives Ltd
39 Gundavali Off Mv Road, Andheri (E)
Phone: +91 2226835864p:+91 2226835864 MUMBAI, 400069  India Ticker: 526159526159
Business Summary
Nikhil Adhesives Limited is an India-based company engaged in the business of manufacturing various types of polymer emulsions and adhesives that are used for different applications. The Company's segments include Manufacturing of Adhesives & Emulsions and Trading in Chemicals & Others. Besides manufacturing polymer emulsion, it is also engaged in the business of indenting and marketing of bulk raw materials. It offers products, including Paint Emulsion, Textile Emulsion and Binders, Industrial Adhesives, Mahacol Wood Adhesives, Construction Chemicals, and Monomers and Solvents. Its business segments are branded consumer products under the brand names, such as Mahacol, Formisol, Emdilith, Mahaquick, Embro and Mahabond and industrial products are under various brands, such as Emdilith, Emditex, Emdicryl and Emdibind. Its manufacturing units are located at Dahanu (Maharashtra), Silvassa (Dadra Nagar Haveli), Dahej (Gujarat), Unna (Himachal Pradesh) and at Tumkur (Banglore).

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
2891 Adhesives and sealants
2851 Paints, varnishes, lacquers, enamels, and allied products

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Managing Director Umesh J.Sanghavi 65 9/1/2022
Chief Financial Officer Anita U.Sanghavi 9/27/2023 11/14/2018
Executive Director Tarak J.Sanghavi 60
4 additional Officers and Directors records available in full report.

General Information
Number of Employees: 271 (As of 3/31/2023)
Outstanding Shares: 45,943,000 (As of 9/30/2023)
Shareholders: 18,157
Stock Exchange: BOM
Fax Number: +91 2226840854


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Wednesday, April 17, 2024