About Fineotex Chemical Limited

Fineotex Chemical Limited was established in 2004 as an innovation-based speciality chemicals business, which continues to expand its product range. The company started with textile chemicals but expanded its operations to serve cleaning and hygiene markets and oil and gas sectors and water treatment and performance chemicals industries. The company operates from a fungible manufacturing base which enables 1,04,000 MT annual capacity to produce various products while allowing fast market entry of new products. The company operates 470+ specialty chemical products which include advanced silicone finishes and the biotech-based mosquito control agent AquaStrike Premium. The company distributes its products to more than 70 countries while serving clients throughout ten Indian states. The company maintains operations through facilities and offices in Navi Mumbai and Ambernath within Maharashtra and operates manufacturing facilities in Malaysia while using its worldwide network that includes the Middle East region. 

The company operated 9 subsidiaries throughout March 31 2025 which included entities based in India and Malaysia and UAE. The company established Fineotex Specialities Private Limited on September 05, 2020 and Finoclean Specialities Private Limited on December 30, 2023 and acquired strategic step-down holdings in Malaysia and UAE to enhance manufacturing and trading operations.

Fineotex Chemical Limited Key Management

• Surendrakumar Tibrewala serves as the Chairman and Managing Director of the company.
• Sanjay Tibrewala serves as Executive Director and Chief Financial Officer of the company.
• Aarti Jhunjhunwala serves as an Executive Director at the company.
• Sunny Parmar holds the position of Company Secretary and Compliance Officer at the company.

Latest Updates on Fineotex Chemical Limited

• The Malaysian subsidiary of Fineotex introduced 45 new products during H2FY25 which brought the total specialty chemical offerings to 470+ while AquaStrike Premium emerged as a notable product launch.
• The company enters the oil and gas sector through specialty chemical exports to expand its international market reach.
• Fineotex expanded its customer base by 45 new textile clients during H2FY25 while maintaining exports to 70+ countries worldwide.
• The company operates without debt while using Rs 4,439.74 Lakh to purchase fixed assets for manufacturing capacity expansion and established a new corporate office in Andheri.
• The company conducted an Extraordinary General Meeting on June 27, 2024 to approve share warrant and equity share issues for fundraising purposes. The total issue amount reached Rs 124.44 crore while Rs 5,619.00 Lakh was spent before March 31, 2025 and 54,41,649 convertible warrants remained unconverted at the end of the year.