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Founded in 2010, Arunaya Organics Limited specializes in manufacturing and exporting specialty dyes and intermediates, particularly acid dyes, which provide vibrant, durable colors on protein fibers like wool, silk, and nylon.
ARUNAYA Organics received environmental clearance from Gujarat authorities for its new Synthetic Organic Chemical manufacturing project in Dahej. This allows the company to move forward with the project, signaling a key step in expanding its production capacity and future growth.
Arunaya Organics reported annual revenue of 103.25 Cr and profit of 3.72 Cr. Auditors issued a qualified opinion on long-outstanding import/export dues. Notably, 9.00 Cr IPO funds for a new facility were unutilized, placed in FDs, and used via overdrafts for general business.
Arunaya Organics clarified recent share price movement, stating no new material information or pending announcements are driving the increase. The company confirmed compliance with disclosure norms.
Arunaya Organics commenced groundwork for its new Dahej manufacturing facility, investing ₹11.79 Cr. This strategic move targets backward integration, reduced outsourcing, and enhanced production efficiency, aiming for cost savings and expanded capacity to bolster long-term financial performance.
ARUNAYA fined 0.014 Cr by NSE for not submitting an Audit Qualification Statement with its annual results. The company believed it wasn't required due to an unmodified audit opinion. Waiver rejected; fine will be paid. No financial or operational impact expected.