Oriental Carbon & Chemicals has incorporated a wholly-owned subsidiary namely OCCL. The company has subscribed to 10,000 equity shares at the face value of Rs 10 each aggregating to Rs 1 lakh in cash. It is contemplated that OCCL shall carry on the business of manufacturing, sale purchase, etc. of all type of chemicals and chemical products and providing all services and utilities for the same and/or to carried out other related activities.
Oriental Carbon & Chemicals belongs to the JP Goenka Group of Companies. The company is a globally respected manufacturer of Insoluble Sulphur.