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Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol.
Aether Industries significantly reduced GHG emissions, water withdrawal, and energy consumption, now sourcing 100% of its energy from renewables. The company advanced its sustainability efforts by commercializing carbon-capturing polyols and forming a new plastic up-cycling partnership.
Aether Industries allotted 15,269 equity shares to employees via its ESOP 2021 at Rs. 885 each. This boosts total shares to 13.27 Cr and paid-up capital to Rs. 132.73 Cr, enhancing employee ownership.
Aether Industries (AETHER) and Dow India launched a research program to develop silicone manufacturing technologies in India. This collaboration aims to boost indigenous innovation for strategically important materials, paving the way for potential long-term commercialization and addressing market demand.
Aether Industries and Dow India are collaborating on a research program to develop new silicone manufacturing technologies. This partnership aims for indigenous innovation, potential commercialization, and long-term business opportunities in India's growing silicone market.
Aether Industries reported strong Q1 consolidated revenue of ₹326.56 Cr and profit of ₹62.75 Cr. The Board re-appointed MD Ashwin Desai and three Whole-time Directors for five years. An insurance claim of ₹26.01 Cr was settled for past fire damages.