Padmanabh Indsutries Limited was originally formed as a Private Limited company, with the name as Nilchem Industries Limited on 24th October, 1994. Name of the company was changed to Padmanabh Industries Limited w.e.f. 24th December, 2014.
To produce, manufacture, refine, manipulate, use, buy, import or otherwise acquire, use, sell, distribute, export, deal in and dispose of dyes and chemicals (synthetic or no synthetic), coal-tar, dyes, dyes intermediates and dyes of all other types and description pharmaceutical surface active agents.
At present, the company is engaged in the business of trading of various kinds of chemicals.