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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 multi-product company manufacturing, selling and exporting various types of polymer emulsions that are used for different applications. The Company's segments include Manufacturing of Adhesives & Emulsions, and Trading in chemicals & Others. Its market and products include paint emulsion, redispersible polymer powders (RDP), opaque polymer, textile emulsion and binders, industrial adhesives, mahacol wood adhesive, construction chemicals, monomers and solvents, and MCFix. Its paint emulsion products include pure acrylic emulsions, styrene acrylic co-polymer emulsion, Vam acrylic co-polymer emulsion, Vam-Veova co-polymer and Ter-polymer emulsion, and polymer additives for paint applications. Its textile emulsion and binder products include polyvinyl acetate emulsion for textile finishing, textile binders for printing and flocking, and emulsion for carpet industries. Its opaque polymer products include EMDICRYL TM OP-300 and EMDICRYL TM OP-300.

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
9/30/20243/31/2024Yes----

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
Chief Compliance Officer, Company Secretary BeenaKhandelwal 5/22/2024 5/22/2024
6 additional Officers and Directors records available in full report.

General Information
Number of Employees: 252 (As of 3/31/2024)
Outstanding Shares: 45,943,000 (As of 9/30/2024)
Shareholders: 14,827
Stock Exchange: BOM
Fax Number: +91 2226840854


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Friday, November 22, 2024