MEGHMANI ORGANICS LTD.

Registered Office: Plot No. 184, Phase II, G.I.D.C. Vatva, Ahmedabad -382 445, Gujarat, India.

Corporate Office: Meghmani House, Shrinivas Society, Off New Vikas Gruh Road, Paldi, Ahmedabad 380 007, Gujarat, India.

Website: www.meghmani.com

Charodi Plant

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Business philosophy

“No one ever attains very eminent success by simply doing what is required of him; it is the amount and excellence of what is over and above the required that determines the greatness of ultimate distinction.”

Mission

They will lead by:Empowered work EnvironmentSpeed of Decision MakingHonouring CommitmentsFocussing on ResultsInnovation and Efficiency

Vision

To become a global leader in the chemicals and allied industries.

Values

They value in being:A caring member of the societyAn equal opportunity provider Fair to our stake holders and A preferred source for our invaluable customer.

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Aims and Objectives

This whole plant of Chharodi which we visited was conceptualized in distant place of Chharodi because the chairman MR.Jayanti patel belongs to one of the villages and wanted to generate the employment for youth of nearby villages.

Meghmani Organics was established near Chharodi because of wish of the honourable chairman MR.Jayanti patel wanted social and economical development of the youth of all nearby village. To provide employment was their main aim they want to provide a employement to the people of small village so they can atleast earn their basic nessecity of life.They want to grow but by helping to the society.

Status of company in market

Meghmani Organics Limited has a huge number of competitors but due to their Quality and goodwill In market makes them the best in their field.They are the higest producer of pesticide in the international as well as domestic market.

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Awards and Recognition

Performance can never be hidden. Like cream, it will rise to the top. It will get the recognition it deserves.

Following is the list of their awards for their outstanding performance.

Year Awards

1994-1995

National export award from the President, Government of India

Award from Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council (CHEMEXCIL), Mumbai

Certificate of merit for outstanding export performance from the Ministry of Commerce, Government of India

Award for excellent export performance from the Government of Gujarat

1995-1996

National export award from the President, Government of India.

Export award from Gujarat Dyestuffs Manufacturers' Association (GDMA), Ahmedabad

1996-1997

Award for excellent performance in exports by the Federation of Indian Export Organization, Government of India

Trophy for export performance from

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GDMA, Ahmedabad

Certificate of merit for outstanding export performance from the Ministry of Commerce, Government of India

1997-1998

Award for direct export of self manufactured dyes by GDMA, Ahmedabad

Award for export performance from GDMA, Ahmedabad

2000-2001

Award for excellent performance from CHEMEXCIL, Mumbai

Award for appreciation of export performance from GDMA, Ahmedabad

Six Sigma award from General Electric2002-2003

Award in appreciation of export performance from GDMA, Ahmedabad

2002-2003

"First Award" for outstanding export performance from Chemexcil, Mumbai

2003-2004

Certificate of Excellence - the “Niryat Shree” award in the Chemicals, Drugs, Pharma and Allied products - Non-SSI Category, from the Federation of Indian Export Organisations (“FIEO”) for its outstanding export performance

2003-2004

Certificate of Excellence - the “Niryat Shree” award in the Chemicals, Drugs, Pharma and Allied products - Non-SSI Category, from the Federation of Indian

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Export Organisations (“FIEO”) for its outstanding export performance

2004-2005

Silver Trophy - the “Niryat Shree” award in the Chemicals, Drugs, Pharma and Allied products - Non-SSI Category, from the Federation of Indian Export Organisations (“FIEO”) for its outstanding export performance

2005 Certificate of Appreciation for Safety Records rom the Gujarat Safety Council (Ankleshwar site)

SIAS Investors Choice Award for the most transparent company

2006 SIAS Investors Choice Award for the most transparent company

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HISTORY OF THE ORGANIZATION

MAIN HISTORY

It was in 1986, when Gujarat Industries was established as a partnership firm in Gujarat, India to manufacture pigments. High productivity and profitability transformed Gujarat Industries to a joint stock company, under the name of Meghmani Organics Limited, by 1995. Since then Meghmani Organics Limited has diversified its business interests to include a range of pesticides and other pigment products as well.

Today, Meghmani Organics Limited is a leading manufacturer of pigment and pesticide products in the country and is the recipient of several prestigious awards in recognition of its outstanding business performance.On January 2, 1995, M/s Gujarat Industries was converted into a company under Part IX of the Companies Act with the name “Meghmani Organics Limited”.Equity Shares of their Company were allotted to the promoters / partners of the M/s. Gujarat Industries in lieu of the assets and liabilities of the partnership firm.Their Company was registered with Registrar of Companies, Gujarat at Ahmedabad on January 2, 1995. Meghmani Organics Limited, obtained the certificate of commencement of business on January 4, 1995. The Registered Office of Meghmani Organics Limited is situated at Plot No. 184, Phase II, G.I.D.C. Vatva, Ahmedabad -382 445, Gujarat, India.

1995 Meghmani Organics Limited set up its facility at Chharodi, Ahmedabad, to manufacture insecticides, agrochemicals.

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RECENT ACHIEVEMENTS

1. In the year 1999 Meghmani Organics Limited was awarded the ISO 9001-2000 certification for the achievement of quality assurance in production, purchasing, marketing and distribution in relation to Vatva, Panoli and Chharodi Plants.

2. First Award for direct export of self manufactured dyes by the President and Secretary of the Gujarat Dyestuffs Manufacturers’ Association, Ahmedabad at their annual general meeting held on June 15, 2002 for the year 2000-2001

3. Certificate of Merit dated June 15, 2002 awarded to our Company for export performance during the year 2000-2001 by the President and Secretary of the Gujarat Dyestuffs Manufacturers’ Association, Ahmedabad.

4. In the year 2003 Meghmani organics limited acquired assets of Unit II from Rallis India Limited, (Rallis) situated on Plot No.5001/B at GIDC Ankleshwar for expansion of Agrochemical production and started commercial production of agrochemicals at the Ankleshwar.

5. First Award for outstanding export performance in dye and dye intermediates panel for the year 2002-2003 by the Chairman of the Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council Mumbai.

6. First Award for direct export of self manufactured dyes by the President and Secretary of the Gujarat Dyestuffs Manufacturers’ Association, Ahmedabad at their 44th annual general meeting held on June 10, 2006 for the year 2004-2005.

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7. In the year 2004 Meghmani organics limited Company made an offer of SDSs in Singapore and listed it’s SDSs on the SGX – ST Main Board.

8. First Award for indirect export of self manufactured dyes by the President and Secretary of the Gujarat Dyestuffs Manufacturers’ Association, Ahmedabad at their 44th annual general meeting held on June 10, 2006 for the year 2004-2005.

9. Certificate of Merit dated February 25, 2005 awarded to their Company for noteworthy performance in the field of export of Pigments and Agro-Dyes by the President of the Gujarat Chamber of Commerce & Industry, Ahmedabad.

10. First Award for direct export of self manufactured dyes by the President and Secretary of the Gujarat Dyestuffs Manufacturers’ Association, Ahmedabad at their 43rd annual general meeting held on June 11, 2005 for the year 2003-2004.

11. Second Award for indirect export of self manufactured dyes by the President and Secretary of the Gujarat Dyestuffs Manufacturers’ Association, Ahmedabad at their 43rd annual general meeting held on June 11, 2005 for the year 2003-2004.

12. Company is the runner up in SIAS (Securities Investors Association on Singapore) Investor’s choice Awards for “Most Transperent Company” for the FY 2005 in the category of Mainboard Small Caps (of up to S$ 100 million) category.

13. Company is the runner up in SIAS (Securities Investors Association on Singapore) Investor’s choice Awards for “Most Transperent

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Company” for the FY 2006 in the category of Mainboard Small Caps (of up to S$ 100 million) category.

16. In the year 2006 Meghmani Organics Limited made Expansion of Cyper Methric Acid Chloride (CMAC) plant at the Ankleshwar unit with an investment of Rs. 180 millions and commencement of commercial operation of the plant.

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FORMS OF ORGANIZATION

Meghmani Organics is a public limited company which has its share listed in stock exchange.

Here are some advantages and dis-advantages of public limited company:-

ADVANTAGES OF A PUBLIC LIMITED COMPANY

• The shareholders have limited liability• A company can raise additional capital by issuing more shares or debentures• Greater borrowing power• A board of directors with expertise/experience can be appointed• Shareholders can sell/transfer their shares freely

DISADVANTAGES OF A PUBLIC LIMITED COMPANY

• There is a loss of overall ownership• There is a loss of control of the business• Decisions take longer and there may be disagreement• The personal touch may be lost• Significant expenses are incurred when setting up a company• There are more statutory regulations to conform to• Profits are shared amongst a far greater number of people• Public disclosure of the financial affairs is necessary• published accounts have to be prepared

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Organisation structure

Board of Directors Senior Management

Jayanti M. Patel Executive Chairman

Ms Deval SoparkarHead of Corporate Communication

Ashish N. SoparkarManaging Director

Mr. Maulik PatelManager - Dahej Project

Natwarlal M. PatelManaging Director

Mr. Kaushal SoparkarManager - Dahej Project

Ramesh M. PatelExecutive Director

Mr. Karana PatelManager - Operations

Anand I. PatelExecutive Director

Mr. Dinesh C. ShahVice President (Finance & Accounts)

Ashvin K. RaythatthaExecutive Director

Dr. Sahaj Ram GautamVice President (Domestic Agrochemical Marketing)

Chinubhai R. ShahIndependent Director

Mr. Kamlesh MehtaVice President (Corporate Affairs) and Company Secretary

Balkrishna T. Thakkar Independent Director

Mr. Milan ParikhGeneral Manager (Operations) Chharodi Plant

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Jayaraman VishwanathanIndependent Director

Mr. Manukumar MoriGeneral Manager Administration (Agro Unit)

Chandan BhattacharyaIndependent Director

Mr. Manoj BhattGeneral Manager (Domestic Marketing)

Foo Meng TongIndependent Director

Mr. Mukesh JobanputraGeneral Manager (Operations) Panoli

K. N. VenkatasubramanianIndependent Director

Mr. Gyan PrakashGeneral Manager (International Marketing)

Mr.vasant Patel

General manager(ankleshwar agro unit)

Mr.santosh RoaCountry head(sales and marketing)

Mr. vikram bhatt

General manager(H.R)

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Explanation of Hierarchy Structure:-

Meghmani Organics limited has a too wide and too large organization structure.The first level consist of Managing Director and Executive Chairman.There are different manager for different branch which work under Managing Director and there are different Director which work under Executive Chairman.Over all we can say that the structure is quite organized and suitable to an organization.

(source:www.meghmaniorganics.com)

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LOCATION

Factory Address:- Block number 403/404,

Sanand-viramgam highway,

Charodigam,

Taluka-sanand,

Ahmedabad-Gujarat.

Reasons for choosing a particular locaton:-

The chairman Mr. Jayntibhai Patel belongs to the same village and he wanted to provide employment to the people living in his village so he decided to establish the plant in his village so he can provide employment and as well as a try to upgrade his village. All the big plants are establish there which has become a industrial area.The boundary of the plant is surronded by 3km of green belt which helps to improve environment.

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Benefits of the Location:-

The location of Meghmani plant has got some of the benefits which are as follows:-

1) Firstly the plant is located in such area where the labours are easily available.

2) Secondly the plant is situated near a highway so raw material are easily available at any point of time and trasportation of goods from one place to other becomes easy.

3) Thirdly, the plant has got benefit of pollution free environment which makes labouer work freely.

4) The supply of water is easily available from the near by village and river.

5) Lastly they have got enough place to expand the plant in future if they want.

Limitation of Location:-

1) Meghmani Organics Limited is situated far from urban area so the educated employees are not easily available.

2) As the company is far away from the city area so a company need to provide transportation to the employees which increases the cost of transportation of the company.

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PRODUCTION

It is said, “The most authentic statement about an organisation is in the performance of its products”. At Meghmani Organics Limited, they believe in their products – pigments – blue & green, and pesticides – they are the voice of thir character, the strength of their customer focus and the yardstick of their potential. Frankly, the most eloquent statement of their commitment to customer satisfaction comes through their products.

Product Range

PigmentsThe global market of Dyes and Organic Pigment industry is estimated to be at US$ 8.4 billion. They believe that out of this, the size of Organic Pigment market would be around US$ 5.5 billion. The global demand for organic pigments is expected to grow at the rate of 4.9% annually through 2008. The three major drivers of Pigment Industry are printing ink industry, paint industry and plastic industry.

Global Market trendsThe industry is moving its production base from high cost countries to low cost countries like India and China. India’s ability to provide high quality manufacturing is also attracting a higher level of outsourcing from more companies from the developed countries. In addition, companies in the US, Europe, Central and South America, and Japan are

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also increasing their direct supplies of pigments from India. The Indian ink industry is also expected to consume more pigments.The market is polarised in the hands of a few large Multinational groups, which are manufacturing a wide variety of printing inks through their multi-location plants worldwide. Thus such large groups include Sun and DIC, (USA and Japan); the Flint group (merged entity of Flint Inks, USA) and BASF, Germany; HUBER Group, Germany; etc. At the same time, there are a number of medium to small players worldwide.

Indian scenarioIn the Indian perspective, since published data relating to the market size of pigment industry is not available through official estimates, we can arrive at the estimated market size of Indian Pigment Industry based on the current market sizes of the two main end use segments namely - the ink industry and the Paint industry. The Indian Printing Ink Industry is seen augmenting its turnover on the back of a strong growth in the user industries such as Newspaper, flexible packaging, and publishing, with the present market size of Rs.12,000 millions. Further, in the year 2001 the Indian Paint Industry was estimated to be of US$ 925 million. We believe that the paint industry has grown at an annual growth rate of around 6% over last 4 – 5 years. Taking an average growth rate of 6%, the present market size of the paint industry would be around US$ 1,160 million. (INR 50,000 millions).

Some of the products which they produce in the category of pigments are as follows:-

PIGMENTS FOR PLASTICS:-1) Meghafast blue BNR 8102) Meghafast blue BK-P 8283) Meghafast blue BK-P 828 FG

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4) Meghafast green GN 7875) Meghafast green GNP 788, etc

PIGMENTS FOR COATING:-1) Meghafast blue BNG 8102) Meghafast blue BK 8283) Alpafast green GN 7874) Alpafast blue BLR 8785) Megathrone blue 60, etc

PIGMENTS FOR INKS:-1) Meghafast blue BNG 8102) Meghafast blue BK 8283) Meghafast blue BD 909 BMR4) Meghafast blue BS 918 KNC, etc

AgrochemicalsThe Agrochemical industry is a seasonal industry and being related to agricultural production, is a core industry in India. For agriculture to be commercially viable, it requires certain key inputs like seeds, fertilizers and pesticides. The Indian Agrochemicals industry is quite unique because the domestic industry itself at the end user level in 2004 was about USD 650 million market. Apart from that, global producers of agrochemicals, barring the Multinationals, which are the originators and creators of various agrochemical molecules, there is not much manufacturing of generic agrochemicals at the technical level in countries other than India and China. Presently, India and China are the two large producers of generic agrochemicals.

The country wise consumption of pesticides (kg/hectare) is given below:Country Consumption of pesticides

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Taiwan 17.00 Japan 12.00 Korea 6.60 Europe 3.00 USA 3.00 India 0.57PESTICIDES

The agrochemicals products which they manufacture falls into three main categories:-

1) Technical products2) Formulation products3) Intermediates

The agrochemicals products are used in crop protection, public health, termite and insect control and veterinary applications.

TECHNICAL PRODUCTS

1) Cypermethrin2) Alpha Cypermethrin3) Permethrin4) Deltamethrin5) Lamda-Cyhalothrin6) Chlorpyrifos, etc

FORMULATION PRODUCTS

1) Acephate 75% SP2) Chlorpyrifos 20, 48% EC3) Quinalphos 25% EC4) Deltamethrin 2.8% EC, 1, 2, 5% SC5) Fenvalerate 20% EC

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6) Monocrotophos 36% SL

INTERMEDIATES

1) Meta Phenoxy Benzaldehyde2) Meta Phenoxy Benzyl Alcohol3) Cypermethric Acid Chloride

PRODUCTION PROCESS

CHART SHOWING METAPHENOXY BENZALDEHYDE PRODUCTION PROCESS:-

B2h Mbb+m e4

Themyde+ koh

K-phenate + MBBA

MPBA MPBProduction Process of MPB (Metaphenoxy benzaldehyde)

Benzaldehyde is brominated using liquid bromine in the presence of a catalyst and EDC solvent. The crude intermediate is fractionally distilled to give pure MBB. It is reacted with MEG to give Acetal. This is then condensed with phenol in the presence of alkali. The reactor mass is then hydrolysed. Distillation is carried out first to remove solvent and then purified to give product MPB.

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Flow chart showing the process ofAcephate technical

Production process of Acephate Technical

In a glass-lined reactor, DMPAT is reacted first with catalyst followed by acetic anhydride. MDC is used as a solvent. Thereaction mass is neutralized using liquid ammonia. After distilling out the solvent, the material is crystallized in crystallizers at low temperatures using solvent. Thereafter, the crystallized mass undergoes a filteration and drying process. The driedfinished product is discharged into paperboard drums.

(source:www.meghmaniorganics.com)

Raw Material and chemical:23

DMPAT -D

MDC As solvent

MMP

acetic anhydride + H2SO4

Acephate technical

PigmentsFollowing are the major raw materials for the manufacture of Pigment products:

Chlorine Gas; Cupric Chloride; Olec Acid; Aluminium Chloride; Salt; Ignot; Aluminium Monochloro Benzene; and Edta (Disodium Salt).

This raw materials Meghmani Organics Limited mainly get from local suppliers.

Agrochemicals

Following are the major raw materials used for the manufacture of our Agrochemical products:

DETC Iso-butalene Bromine CTC (Carbon Tetra Chloride) DMPT Acetic Anhydride Acrylonitirle Hexane

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Meghmani Organics Limited obtain raw materials from domestic suppliers like RELIANCE INDUSTRIES LIMITED and some are imported from countries including CHINA, INDONESIA, etc.

Use of Information Technology

They have implemented the SAP ERP (Enterprise Resource Planning) system, by integrating the MIS, costing and data management at all the manufacturing facilities along with the Accounts and Finance functions. This has enabled them to manage their resources and setting up of an efficient Materials Management system.

PLANT LAYOUT

The plant is situated in a well environment and has a developed and well constructed infrastructure. They use a batch wise production method for production of products.

(Source:www.meghmaniorganics.com)

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The plant is situated in 6,53,400sq feet.As we enter the plant they have a utility area where they produce the raw materials and apparatus which helps them in production of their Agro Chemicals products.The raw materials and apparatus are then directed towards the main plant where the production takes place.There are many boiler kept which helps the production procees to cool down.There is also a green belt area which helps to purify the air around the plant.

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Measures to control pollution

Meghmani is located in a well area where they have planted trees and we can find their many new types of vegetation and flora. There is a “green belt” of 3km which surrounded around the plant. They also have a water treatment facility where they try to purify water and again re-use in a plant. The highly contaminated water is burnt at 1200’c so that the water does not pollute the environment.

Area of Factory:

The area of chharodi plant is 6, 53,400 sq. feet. Out of which plant occupies 20% of land while gardening occupies 20% of land.

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FINANCIAL INFORMATION

CAPITAL EMPLOYED

Meghmani Organics Limited has invested Rs.40 crores in chharodi plant.

SALES TURNOVER

The turnover of chharodi plant is around RS.250 crores and the total turnover of meghmani organics limited is over Rs.1127.23 million as of June 2006.

Group revenue for Quarter1 2011 increased by 56.6% to Rs. 2588.55 million from Rs. 1652.91 million in Quarter1 2010.

Profits

The total profit of Meghmani organics limited is 1, 00,445 thousand rupees. The gross profit(GP) of Pigment Division increased by 197.4%, while GP margin of Pigment Division increased from 12.1% in Quarter1(Q1) First year(FY) 2010 to 17.5 % in Q1 FY 2011 due higher quantity sold, better price realization and customer satisfaction. The amount of gross profit of Agrochemical Division decreased by 9.4 % and GP margin decreased from 25.0 % in Quarter1 First year 2010 to 19.8% in Q1 2011 due to pressure on pricing resulting less realization.

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DIVIDEND

Meghmani Organics Limited gave dividend of rupees 60.19 million to the share holders.

Balance sheet as on June 2006 of meghmani organics limited:

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Income statement of Meghmani organics limited:

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MARKETING

Marketing Position

Meghmani Organics Limited has quite stable and good position in market as far as their sales, profit margin, share holders in the market are concerned and due to their goodwill and the quantity and quality supplied it has its good reputation in the market. They have been successful to run their business over a long period of time and it spread at a wide range.

Physical distribution and channels

Out of total sales of Meghmani the share of export sales is 80% while the domestic sales i.e. national as well as local market is only 20%. The products are packed in a systametic manner in a organized machines. For the Indian market goods are easily available in a huge quantity as well as in a small samples.

For the sale of products in national market they have a organized system through which the product reaches from industry to farmer. The following chain is followed first the producer produce the goods and then its goes to distributor and then it goes to retailer and then it goes into the hands of farmers.

RRetaileretailer

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Distribution channel

In Foreign countries the Meghmani Organics limited have many branches in the countries like Belgium, Uruguay, china, Latin U.S.A they have their own offices and according to the demand goods are exported their.

Level of competition

Meghmani Organics Limited have very much high level of competition in the present scenario. They have many competitors in the market, In the every next day new competitors enter in the market but Meghmani organics limited is superior in selling their product and due to their reputation, quality supply and many other factors at the national and international level it did not affect much.

External or Export oriented market

They have: An extensive network of 20 overseas distributors

worldwide.

Over 1000 stockists, agents, distributors and dealers covering India market.

Warehouses in Belgium and Uruguay.

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Global marketing network

Warehouses in Belgium, Uruguay, China, Russia, Germany, the U.S. Columbia.

Overseas offices in Belgium, China and the U.S where goods are exported form India as per the demand.

They market via direct sales teams and distributors / agents.

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HUMAN RESOURCE MANAGEMENT

Number of Workers

Own workers 300Contractual workers 700Total 1000

Selection and Recruitment

By selecting best candidate for the required job, the organization will get quality performance of employees. Moreover, organization will face less of absenteeism and employee turnover problems. By selecting right candidate for the required job, organization will also save time and money. The company only selects the qualified staff at production or any plant. The minimum requirement of Qualification by a person is B.sc with chemistry. While for others AUCP (Attendance of chemical plant) is degree required. Recruitment process involves a systematic procedure from sourcing the candidates to arranging and conducting the interviews and requires many resources and time. In any organization two types of recruitment process are done i.e. 1)-internal and 2)-External. In Meghmani Organics Limited the recruitment is done internally as well as externally. For internal recruitment the workers performing have chance to promotion. While externally Campus recruitment of students of B.sc at various institutes. Thus the Youth is also given a chance to show their art of work. Meghmani has also

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started a school from where they provide education to the students so that they can apply for the job at plant.

TRAINING AND DEVELOPMENT

The employees at Meghmani Organics Limited are given appropriate training. After selection employees are hired at training for six months and then placed at probation period of six months and then the final placement is done. They emphasis to the need of continuous learning across all levels. To update the knowledge of the employees in their relevant areas, they send them to various conferences and seminars in India and abroad. Employees are encouraged to make presentations of companies products in various national and international forums. Workshops on Vision, Mission & Values of the company are conducted with equal participation in a systematic manner.

Training on increasing Effective Personal Productivity (EPP), module of internationally acclaimed management consultant Paul Meyer (LMI) is being conducted for employees. The employees are also nominated for various management / technical programmes all over India in institutes of repute for upgrading the subject knowledge.

EMOLUMENTS AND COMPENSATION

Meghmani provides different types of facility to the employees working their. Some of the facility are as follows:-

1) They are keeping safety posters in all the units.

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2) They are having a piece wage system.3) They are provinding 24hrs medical facility.4) The plant is having a good ventilation so the worker can work

freely.5) The work is divided in 3 shifts so workers do not get bored up.6) Safty measures are provided so workers do not get problem while

working in a plant.

PERFORMANCE EVALUTION AND PROMOTION

The employees at Meghmani Organics Limited are procured at their best. Training for 6 months and then 6 months on probation thus employees get trained and developed.The efficient employees have sufficient chance to promotion and un-efficient to get demotion. The performance is evaluted on the basis of the capability of the worker to work in a given time period and in a efficent way.

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RESEARCH AND DEVELOPMENT

They have R&D capabilities in both pigments and pesticides.

Their objectives:

Continually improve process yields

Developed a wide range of products for use in a multitude of industries

Able to produce a wider range of pigment blue and green than competitors, with different shades and dispersions of high quality

Provide leverage to respond quickly and capitalize on shifts in market trends and demand in the pigments and pesticides industry

QAULITY ASSURANCE TECHNIQUES

They focus significantly on the quality of the raw materials and finished products of plants to ensure the desired quality of outputs.

They have a quality control department at Chharodi Plant, which consist of a Quality Control Laboratory, Research and Development Laboratory, Instrumentation Laboratory and Classical Laboratory.The

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rawmaterial which they procure are first check at laboratory and when

reports are generated afterwards it is used for production. For Agrochemicals business, Their research and development activities carried out at the Chharodi facility are focused on

(i) improving process yields, (ii) increasing purity and reducing wastage, (iii) decreasing impurity, and (iv) developing production processes for the manufacture of new Agrochemical products, in particular off-patent pesticide molecules.

Through their in-house research and development efforts,they have developed the production process for the manufacture of insecticides such as MPBA, Permethrin and Imidacloprid.

FUTURE PLANS AND PROJECTS

Meghmani is looking forward to step into the field of pharmaceutical. They are planning to set up a plant at Dahej on the area of 125acres of land. They are planning to develop more types of agrochemicals and pesticieds products.

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AMOUT SPEND ON RESEARCH AND DEVELOPMENT There is no declaration of a certain amount spent on Research and Development But every year they spend a big amount on research and development of the current as well as new products. Moreover the groups efforts are focused on development with new innovation and with expertise development. They blend people , processes and ideas to deliver technologies that revolutionize markets. They had invested intemperately in their state of are research facility.

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SOCIAL OBLIGATIONS“THE MAIN SOCIAL ACTIVITY OF MEGHMANI ORGANICS IS TO

GENERATE EMPLOYMENT.”

Meghmani does many social activites for the betterment of genral public and nation they:-

1) Provide education to the student in the field of science.2) Own and operate many schools and hospitals.3) Provide different facility at the time of emergency to the nation

eg. At the time of earthquake4) ITI institute at viramgam is adopted by Meghmani organics

limited.5) Donate money in schools and hospitals.

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FINDINGS1) Meghmani has a Good hold over the Indian as well as foreign

markets.2) The organization structure is very much proper and quite well

organized and very neat and clean which is full of greenery.3) The plant was located their because Mr. Jayanti Patel (founder)

belongs to one of the villages and he wanted to provide employment for youth of near by village.

4) They have a different department for each process.5) Department of research and development only works for testing

the quality of the raw material as well as the finished product.6) The sign board are placed everywhere in plants regarding danger,

safety and all.7) They have provided different cloths for different people working

at different production plant.8) The fire safety norms are also fulfilled by them theautomatic fire

fighting system has been used to save the plant from fire.9) 24 hrs medical facility is provided to the workers working there.

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SUGGESTION1) In the production of agro chemicals products the fumes released

foul smell which pollutes the air.They should find the a way to purify the foul smell.

2) They should maintain a proper dress for worker which provide them saftey agaist the heavy machines.

3) They should upgrade their machinery with new new technology.4) They should decrease pond in surrounding area of plant.5) They should do some innovation in the production of new

pesticede and agro chemicals.

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CONCLUSION

From the management point of view we got to learn that how well organized their internal organization is.How to manage such a huge plant and a big staff.This visit helped us lot in our practical studies.This type of project will help us in practical learning.Meghmani organics is a good company and more advantageous for science level.

In the end I would thank our college “N.R. Institute of business organization” our director Mrs.Avani Desai, Professor in charge Mrs.Dipalee Atre for their support and help in preparing this project.

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REFERENCES1) www.meghmaniorganics.com2) Prospectus issued by Meghmani Organics.

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