The Comp. was promoted by Shri Kishan Prasad Palaypur, Shri Fateh Chand Dhariwal, Shri. Vimal Dhariwal, Shri Rajeshwar Prasad Palaypu & their associates. The Comp. was incorporated at hyderabad, A.P. on 30th November, 1988 & obtained the certificate of commencement of business on 7th December, 1988.
The immediate object of Comp. i to setup a project for manufacture of Poly Tetra Fluoro Ethylene.
Present Business The Comp. is setting up a project with a licensed capacityof 150 metric tonnes per annum with an installed capacity of 107.72 metric tonnes per annum at village Pregnapur, Gajwel Mandal, Medak district, in the state of Andhra Pradesh for manufacture of PTFE processed products by using advanced powder metallurgical compaction in technical collabortion with HABIA TEKNOFLUORAB, SWEDEN.
Subsidiaries of company The Comp. has no subsidiaries at present.