- Business
- Asian Petro Products and Exports Limited manufactures and sells ethylene oxide-based chemicals, including monoethanolamine, diethanolamine, triethanolamine, ethoxylates of various moles, lauryl alcohol ethoxylates, and stearic acid ethoxylates; the company also trades in plastics and petrochemical products, serving industries such as refineries, fertilizers, textiles, dyes, pharmaceuticals, and detergents primarily in India with export activities. Founded in 1991 and headquartered at 24 Suwernapuri Society, Chikuwadi, Near Jetalpur Road, Alkapuri, Vadodara, Gujarat 390007, it operates a manufacturing plant at Tundav-Rania Road near Village Anjesar, Taluka Savli, District Vadodara. Recent developments include a rights issue of 1.59 crore equity shares at INR 10 per share, opened November 11, 2024, and closed December 5, 2024, subscribed 0.98 times to raise INR 15.89 crore for working capital and growth; appointment of Roy Jacob & Co. as secretarial auditor for five years in May 2025 pending AGM approval; and Q1 FY26 unaudited results announced August 13, 2025, reporting INR 13.73 lakh profit alongside board approval for unaudited financials for the quarter ended June 30, 2025.