History

_x000D_ Aarti Surfactants Limited, earlier known as Arti Surfactants Ltd, was incorporated on June 18, 2018. The company is a major supplier of speciality surfactants and other chemicals. The company manufactures over 30 innovative and eco-friendly surfactants processed with high-quality materials._x000D_ _x000D_ The company has 2 manufacturing facilities, one in Pithampur, Madhya Pradesh, and the other at Silvassa, Dadra and Nagar Haveli and Daman and Diu. These manufacturing plants possess the ISO 9001:2008 quality certification._x000D_ _x000D_ In 2019, the Home and Personal Care Division of Aarti Industries Limited was transferred to Aarti Surfactants Limited. In July 2020, the company was listed on the BSE and the NSE._x000D_

Business Segments

_x000D_ In terms of application, the company has the following product categories:_x000D_

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1. Surfactants - Surfactants are chemicals that reduce the surface tension between a liquid and other material, including air or other liquids. Surfactant products of Aarti Surfactants include Sulfoccinate, Sulfodet, Sulfosmo, Sulfolon, and Sulfotain variants.
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2. Pearlising Agents - These are chemicals used in body washes. Products include variants of Sulfoshine.
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3. Blends - These include variants of Sulfoshine, Sulfocare, and Sulfowash.
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4. Preservatives - This includes variants of Sulfonon PE.
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5. Mild Surfactants - These include Sulfoccinate LES and Sulfoccinate LSS.
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_x000D_ In terms of industries of end use, the company has the following business segments:_x000D_

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1. Baby Care - Products in this category include Sulfoccinate LES and Sulfoccinate LSS, both of which are used as a part of personal care or home care formulations.
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2. Home Care - This category has a wide range of products such as Sulfolon, Sulfodet, Sulfotain, etc. While Sulfolon is a high-foaming surfactant used in personal care and home care formulations, Sulfodet is used in shampoo, detergents, agrochemicals, construction, polymers, fire-fighting foam, etc.
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3. Oral Care - This segment comprises variants of Sulfolon and Sulfotain only.
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4. Hair Care - This segment comprises variants of Sulfoshine, Sulfocat, Sulfomine, etc. While Sulfoshine is used in shampoo and soap as an opacifier and pearlising agent, Sulfocat is used as a biocide, germicidal, and disinfectant.
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5. Industrial Application - This segment also comprises different variants of Sulfolon, Sulfodet, Sulfoccinate, Sulfotain, etc. used in industries such as agriculture and oil and gas.
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6. Skin and Personal Care - This includes variants of Sulfolon, Sulfocat, Sulfotain, etc.
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_x000D_ In FY 2022, 70% of its revenue came from domestic sources, while 30% came from international sources._x000D_ _x000D_ Subsidiaries_x000D_ _x000D_ As of March 31, 2023, the company has 1 direct subsidiary, viz. Aarti HPC Ltd._x000D_

Key Personnel

_x000D_ Mr. Mulesh Manilal Savla, Chairman and Independent Director_x000D_ _x000D_ Mr Savla is a practising Chartered Accountant and also a Founder-Partner of Shah & Savla LLP, a chartered accountancy firm. He has an experience of over 35 years in the fields of taxation, auditing, accounting, finance, and restructuring of entities._x000D_

Corporate Actions

_x000D_ The following are the corporate actions performed by the company:_x000D_ _x000D_ Rights Issue_x000D_ _x000D_ The company offered a rights issue of equity shares with a record date of January 7, 2023.