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History of Aditya Polymers Ltd.

The Comp. was incorporated as a Private Limited Comp. in the State of Gujarat on 29th April, 1985 & was converted into a Public Limited Comp. by passing a special resolution on 20th May, 1992 & a fresh certificate of incorporation consequent upon change of name was issued by Registrar of companies, Gujarat on 3rd June, 1992.

The Comp. is engaged in the manufacture of HDPE/PP woven sacks, with a licensed capacity of 1500 MTS per annum & installed capacity of 540 MTS per annum as on 31.3.1993. The Comp. is supplying its products mainly to Cement maqnufactures & it has always been successful in getting orders & registration as suppliers from all leading cement manufacturers of Central & Western regions of India. The present installed capacity of Compan is very small considering the size of industry & its entire monthly production capacity is sufficient only to fulfill the minimum order size of 1 or 2 of its customers at a time. Expansion of capacity will enable the Comp. to cater to the requirements of more of its customers whih include such prestigious cements units like J. K Cement, Vikram Cement [a division of Grasim Industries Ltds], Digvijay Cement, Udaipur Cement & Saurashtra Cement. The Comp. will also be able to diversify in the field of fertilizer packaging & thus become more profitable & competitive.

Subsidiaries: ------------ The Comp. doesn't have any subsidiary company.

Promoters: --------- The Comp. has been promoted by Shri Mahendra Kumar Chhawchharia & shri Yogesh Rai Goel