Nirma Ltd Share Price

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• Nirma Limited is a leading Indian consumer goods company, well-known for its laundry detergents, soaps, and other household products. The company is the second largest player in the edible salt business in the country with large and automated salt pans in Gujarat, which provide a steady supply of salt for soda ash production. The revenue from Salt registered at ₹ 384 crore during the year backed by strong demand for the product. The company earns more than 70% of its revenue from Soda Ash, Detergents and Caustic soda, closely followed by Toilet Soap, Linear Alkyl Benzene and others. 
  
• The company stands among the largest players in the domestic soaps and detergents segment having a vast distribution network. The Company has the flexibility to utilize a variety of fuels from 3400 GCV to 8500 GCV and is optimizing the fuel mix strategy to its full advantage. The company has power generation facilities with a present installed capacity of more than 237 MW.
  
• The company was previously listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India. In 2010, The company has called an extraordinary general body meeting (EGM) on July 23 to pass a special resolution to reduce the share capital by 4.68% held by the public shareholders. Nirma Limited offered an exit offer to acquire the remaining shares held by non-promoters. The offer price was set at ₹260 per share, totaling over ₹940 crore for the acquisition of all outstanding shares.The offer was extended to all the remaining public shareholders till October 3, 2012, at the same price. But nearly 42,000 shareholders refused to tender their shares.
  
• The company was founded in 1969 by Karsandas Patel and has its registered office in Ahmedabad.