Panama Petrochem Limited logo

Panama Petrochem Limited

Specialty petroleum products manufacturer with global reach and diverse product range for various industries.

1982 Vadodara, Gujarat (India) Active


Basic Data Updated:

24 days ago
Panama Petrochem Limited (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 March 1982 and has a history of 42 years and four months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524820 and on the National Stock Exchange(NSE) under PANAMAPET.

The Corporate was formerly known as Panama Petrochem Private Limited. The Company is engaged in the Chemicals And Resources Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.55 cr and a paid-up capital of Rs 12.10 cr.

The Corporate currently has active open charges totaling ₹773.00 cr. It has already closed loans amounting to ₹1,009.65 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Panama Petrochem Limited India are Samir Rayani as Ceo, Pramod Maheshwari as Cfo, and Gayatri Sharma as Company Secretary. Amirali Rayani, Samir Rayani, Hussein Rayani, and Five other members serve as directors at the Company.


Company Details

  • Location

    Vadodara, Gujarat, India

  • Website
  • Telephone
  • Email Address
  • Social Media
Company No.005062
Stock Symbol BSE : 524820 NSE : PANAMAPET
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date09 Mar 1982
Date of AGM29 Aug 2023
Date of Balance Sheet31 Mar 2023
Listing StatusListed
ROC CodeRoc Ahmedabad

Products or Services related to Panama Petrochem Limited

Panama Industrial Lubricants


Panama Ink And Coating Oils ( Panol 460)

Solvent Dyes



Panama Petro Speciality Rubber Process Oils

Industrial Oils

Panama Petrochem Limited offers a wide range of products and services, including: Oils, Grease & Lubricants, Lubricants, Dyes & Color Additives, Solvent Dyes, Grease, Industrial Oils, Paraffin Wax, Fully Refined Paraffin Wax, Rubber Processing Oil, Transformer Parts.

Financials of Panama Petrochem Limited


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%.

Corporate Structure


Unlock access to Panama Petrochem's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Panama Petrochem Limited

Executive Team (4)

  • hussein_rayani_427723.png
    Hussein Rayani In Managing Director

    Appointment Date: 30-May-2011

    Status: Current

  • SR

    Samir Rayani In Managing Director

    Appointment Date: 01-Dec-2000

    Status: Current

  • PM

    Pramod Maheshwari In CFO

    Appointment Date: 21-May-2014

    Status: Current

  • GS

    Gayatri Sharma In Company Secretary

    Appointment Date: 08-Dec-2010

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹773.00 cr

₹1,009.65 cr



Creation Date: 28 Feb 2020
₹80.00 CrOpen

Axis Bank Limited

Creation Date: 18 Dec 2017
₹90.00 CrOpen


Creation Date: 17 Nov 2017
₹65.00 CrOpen

Deals i


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.



Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.



Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

  • Veer Energy & Infrastructure Limited

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  • Panama Builders And Developers Private Limited

    Panama Builders And Developers Private Limited

    Active build-icon 26 years 9 months

    Amirali Rayani and Samir Rayani are mutual person

  • Ittefaq Ice And Cold Storage Company Private Limited

    Ittefaq Ice And Cold Storage Company Private Limited

    Active build-icon 36 years 5 months

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  • H.A.Constructions Private Limited

    H.A.Constructions Private Limited

    Active build-icon 19 years 6 months

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  • Dunhill Development P Ltd

    Dunhill Development P Ltd

    Active build-icon 33 years 6 months

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  • Anirudh Distributors Private Limited

    Anirudh Distributors Private Limited

    Active build-icon 27 years 8 months

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Recent activity within the organization

  • Activity

    Annual General Meeting

    Panama Petrochem Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.

    29 Aug 2023
  • Activity

    Balance Sheet

    Panama Petrochem Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023
  • Activity


    A charge with Others of Rs. 80.00 cr registered on 28 Feb 2020 with Charge ID 100329724 was modified on 15 Nov 2021.

    15 Nov 2021
  • Activity


    A charge with Axis Bank Limited of Rs. 90.00 cr registered on 18 Dec 2017 with Charge ID 100146511 was modified on 14 Jun 2021.

    14 Jun 2021
  • Activity


    A charge registered on 29 Aug 2011 via Charge ID 10310395 with Dbs Bank Ltd was fully satisfied on 11 Dec 2020.

    11 Dec 2020

Frequently asked questions

What is the Incorporation or founding date of Panama Petrochem Limited?

Panama Petrochem Limited was incorporated 42 years 4 months ago on 09 Mar 1982 with Registrar of Companies Roc Ahmedabad.

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