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The company is an independent Liquid Storage Tank (LST) provider with 83 storage tanks since 1993 and is a Manufacturer & exporter of food preservatives, lubricant additives & specialty chemicals since 1986.
Ganesh Benzoplast Limited and its subsidiary GBL Chemical secured a significant legal win. A court granted an interim injunction against unauthorized loan transactions of 7.03 Cr, falsely naming the companies as borrowers using forged documents. The court restrained parties from acting on these forged documents and ordered CIBIL to restore...
Ganesh Benzoplast Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The National Company Law Appellate Tribunal (NCLAT) has allowed an appeal by Loksevak Leasing and Investment, restoring the insolvency case related to its subsidiary GBL Chemical Limited back to the National Company...
Ganesh Benzoplast is facing an FIR against its directors over an alleged unauthorized corporate guarantee worth INR 6.83 crore linked to Agarwal Bulkactives Private Limited, which the company says is unrelated. The firm denies involvement, attributing the issue to a former executive’s actions. No financial impact is expected, and legal...
Ganesh Benzoplast Limited has announced a board meeting to confirm the payment of a full and final settlement amounting to ₹30.78 crore to Morgan Securities and Credits Pvt. Ltd., concluding their prolonged litigation. The company chose to pay this amount in a single installment instead of three, avoiding additional interest...
The ongoing investigation by the Economic Offences Wing (EOW) into fraudulent activities involving GBL Chemical Limited has resulted in the arrests of key individuals, including Mr. Ramakant Pilani, the former CEO of Ganesh Benzoplast Limited. He is accused of misusing his position to create forged documents to secure loans from...