Panama Petrochem Limited, a active public limited company, was established on 09 March 1982 in Ankleshwar, Gujarat, India. Engaging in petrochemicals & derivatives within the manufacturing sector, it holds CIN: L23209GJ1982PLC005062. Registered under ROC Roc Ahmedabad. it is listed on BSE: 524820 and NSE: PANAMAPET. It has an authorized capital of ₹25.55 Cr and a paid-up capital of ₹12.10 Cr.
Formerly known as Panama Petrochem Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,714.46 Cr and a net worth of ₹770.68 Cr. Employing 130 professional, Its leadership includes Almas Satyen Nanda (Director), Arvind Maganlal Shah (Director), Hussein Vazirali Rayani (Managing Director). Past directors included Sanjay Khare, Arvind Maganlal Shah, Mansoorali Valimohamed Isani. It holds ₹773.00 Cr open charges and ₹1,009.65 Cr settled loans. Its latest AGM occurred on 09 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No 3303, Gidc Estate, Ankleshwar, Gujarat, 393002.
L23209GJ1982PLC005062
005062
09 March 1982
₹25.55 Cr
₹12.10 Cr
Roc Ahmedabad
Listed (BSE: 524820, NSE: PANAMAPET)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Almas Satyen Nanda | Director | 13 Feb 2025 | Current |
| Arvind Maganlal Shah | Director | 01 Aug 2023 | Current |
| Hussein Vazirali Rayani | Managing Director | 26 Sep 2016 | Current |
| Kumar Raju Nandimandalam | Director | 10 Aug 2018 | Current |
| Arif Amirali Rayani | Whole-Time Director | 01 Aug 2023 | Current |
| Samir Akbarali Rayani | Managing Director | 01 Jun 2010 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Company Secretary | 18 Dec 2008 | Past |
| Pramod Abcsdd | Additional Director | 28 Aug 2023 | Past |
| Pramod Abcsdd | Director | 31 Aug 2007 | Past |
| Pramod Abcsdd | Director | 26 Sep 2016 | Past |
| Pramod Abcsdd | Director | 15 Oct 2012 | Past |
| Pramod Abcsdd | Additional Director | 17 Sep 2019 | Past |
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Panama Petrochem Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.96% increase. The company also saw a slight improvement in profitability, with a 5.35% increase in profit. The company's net worth Soared by an impressive increase of 19.31%.
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In 2023, Panama Petrochem had a promoter holding of 58.54% and a public holding of 41.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹7,730,000,000.00
₹10,096,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2020 | Others | ₹80.00 Cr | Open |
| 18 Dec 2017 | Axis Bank Limited | ₹90.00 Cr | Open |
| 17 Nov 2017 | Others | ₹65.00 Cr | Open |
| 30 Jan 2017 | Hdfc Bank Limited | ₹130.00 Cr | Open |
| 28 Dec 2016 | Others | ₹96.00 Cr | Open |
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Panama Petrochem has a workforce of 130 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Panama Petrochem, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Panama Petrochem's trajectory.
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Progress on Panama Petrochem Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records. was documented.
The activity Panama Petrochem Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
Almas Satyen Nanda was appointed as a Director was appointed as a Director on 13 Feb 2025 & has been associated with this company since 9 months 11 days . was recorded as a recent event.
Progress on Samir Akbarali Rayani was appointed as a CEO was appointed as a CEO on 01 Oct 2023 & has been associated with this company since 2 years 1 month . was documented.
Progress on Arvind Maganlal Shah was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 2 years 3 months . was documented.
Progress on Arif Amirali Rayani was appointed as a Whole-time director was appointed as a Whole-time director on 01 Aug 2023 & has been associated with this company since 2 years 3 months . was documented.
The CIN of Panama Petrochem Limited is L23209GJ1982PLC005062.
Panama Petrochem Limited is headquartered at Plot No 3303, Gidc Estate, Ankleshwar, Gujarat, 393002.
Panama Petrochem Limited was incorporated on 09 March 1982.
The current directors of Panama Petrochem Limited are
The primary industry of Panama Petrochem Limited is Manufacturing.
Panama Petrochem Limited is listed. It is listed on BSE: 524820 and NSE: PANAMAPET.
The authorized capital of Panama Petrochem Limited is ₹25.55 Cr, and the paid-up capital is ₹12.10 Cr.
The compliance status of Panama Petrochem Limited is Compliant.
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