Our Investors - M/s Citurgia Bio-Chemicals Limited

M/s Citurgia Bio-Chemicals Limited, a Company registered under the Companies Act, 1956 having its registered office at 46, Guru Govind Singh Road, Near J.J. School Mulund (West) Mumbai-400082 and its administrative office at Veer Bhadra Road, Ram Nagar Rishikesh, Uttarakhand. The company manufactures citric acid, calcium carbonate and plasticizers. Citric acid is traditionally used in foods, soft drinks, confectionary and drugs. It is also used in textile printing and dyeing, where it provides stable pH conditions for polyester and nylon. Acrylic print –curing and cotton- resist printing..

The company was identified / declared as sick unit and thereafter reference was made to Board of Industrial and Financial Reconstruction. An order was passed by the Hon’ble Board on 12.01.2007 and as per revival proposal the property will either be sold as project or developed by way of Joint Venture with any of renowned Builder / Hoteliers. It has also been ordered to sell 15 acres of development of residential plots / colony along with other instructions and directions.

In furtherance of the order with the efforts of the company the land use has been changed by Uttrakhand Government and a letter dated 26.09.2009 duly issued by the office of Sh. Shatrughn Singh, Principal Secretary, Uttrakhand Government. Thereafter the sanction plan has also been approved by the office of Haridwar Development Authority, Haridwar, vide letter bearing no. 2137 Man/ Rishi/SW-24/ 2009-10 dated 24.10.2009 duly signed by Vice President, Haridwar Development Authority, Haridwar, wherein number of conditions has been mentioned.

An agreement has been made on 15.12.2009 between M/s. Citurgia Bio- Chemicals Ltd and M/s. Sturdia Developers Pvt. Ltd., thereby M/s. Sturdia Developers Pvt. Ltd has agreed to complete all the formalities for the construction and development of the proposed site / group housing complex known as “best espresso machine” and also to make all efforts for marketing the flats / units.

Various documents pertaining to Land, Change of Land Use, Sanction Letter from H.D.A., BIFR Orders etc are available in the “documents” link for the reference.

 

For more information kindly Contact us at following details
Regd Office: Corporate Office:
Citurgia Biochemicals Limited
Near J.J.School, Mulund Colony,
Mulund West, Mumbai – 400021
Phone/Fax: 91 9650923555,
Email: citurgia_bio@yahoo.com
Citurgia Biochemicals Limited
Veer Bhadra Road, Ram Nagar,
Rishikesh (Uttarakhand)
Phone/Fax: 91 135 2439083,
Email: citurgia_bio@yahoo.com