The business was the brainchild of Mr. R. V. Bubna, a Chemical Engineer from IIT, Bombay, and with a 45 year experience of working, hands on, in the chemical industry. He together with Mrs. Sharda R. Bubna commenced business operations through their sole proprietorship concerns, namely, M/s. Sharda International in 1987 and M/s. Bubna Enterprises in 1989, respectively (together the "Sole Proprietary Concerns"). Sharda Worldwide Exports Private Limited was formed in 2004. The businesses of the Sole Proprietary Concerns consisting of manufacture and export of dyes, dye intermediates, pesticides, agrochemicals and V-Belts, were transferred to Sharda Worldwide Exports Private Limited with effect from April 1, 2004 on an "as is and where is basis".