Support and Resistance Levels
Past performance
About Vikram Aroma Ltd Vikram Aroma Limited, established on March 17, 2021, is a public limited company registered in Ahmedabad, Gujarat. The company emerged through a Scheme of Arrangement involving the demerger of the Aromatic Chemical-Diphenyl Oxide business from Vikram Thermo (India) Limited. This demerger officially took effect on July 1, 2022, enabling Vikram Aroma Limited to function as a separate and focused entity.
As part of the demerger arrangement, Vikram Aroma allocated 31,35,785 equity shares of Rs. 10 each to the shareholders of Vikram Thermo (India) Limited in a ratio of 1:10. This translates to one equity share in Vikram Aroma for every 10 equity shares held in Vikram Thermo, ensuring continuity for investors and providing clarity on ownership distribution.
Currently, Vikram Aroma operates in the Pharma Polymers industry, leveraging its inherited expertise to cater to this niche market. Its business is positioned to benefit from its focused operations following the demerger, while also drawing from the established legacy of Vikram Thermo’s Aromatic Chemical-Diphenyl Oxide business.
This transition marks a significant step in the company’s evolution, promising a streamlined business model concentrating on specialty chemical and polymer products for pharmaceutical applications.