History of Nandan Exim Ltd.

The Comp. is promoted by Shri, Vedprakash D. Chiripal & Shri. Brijmohan Chiripal on August 9, 1994 as a Private Limited Comp. for manufacturing, trading & export of textile products. Though it was incorporated in the financial year [FYs] 1994, the actual operations commenced only during FY 1999. Since then the Comp. is making, profit and growing steadily. The Name of Comp. was changed to Nandan Exim Limited w.e.f January 16, 2004.

The Registered Office of Comp. is Located at Survey No. 198/1, 203/2, Saijpur-Gopalpur, Pirana Road, Piplej, Ahmedabad - 382405. The Registered Office of Comp. was earlier located at 283, New Cloth Market, Ahmedabad, 380 002 & was shifted to the current location w.e.f. January 17, 2004. The Corporate Office of Comp. is located at 'Chiripal House', B/h Arjun Tower, 132 Ft. Ring Road, Shivranjani Cross Roads, Satellite Road, Ahmedabad - 380015.

The Comp. is managed & controlled by Chiripals headed by Shri. Vedprakash D. Chiripal, who has wide experience in the field of manufacturing, trading, export of textile products. The Board of Directors & professionals having experience in their respective fields duly support him. The Comp. as a whole has well laid down organizational structure & delegation of authority at each level.

The group is doing reasonably well on Acc. of quality of its products, marketing network as well as the broad customer base created over the years. With its infrastructure/production facilities at their group companies [Nova Petrochemicals Ltd, Chiripal Petrochemicals Ltd, Vishal Fabrics Pvt. Ltd & Shanti Processors Ltds] backed by technical competence, the Comp. is setting up a plant for manufacturing finished Denim Fabrics & weaving of Grey Fabric [of which 40% would be sold in the domestic market & balance 60% will be converted to Bottom Weight Cloth & other processed fabrics at Group Company's/outside process housess]. The Comp. proposes to export the entire quantum of Finished Bottom Weight Cloth & other processed fabrics.

2006 -Nandan Exim Limited has appointed Mr. Mayur Barvadiya as Comp. Secretary & Compliance Officer of Comp. w.e.f. February 08,2006 in place of Mr. Keyur J. Shah, Comp. Secretary of Company.

2007

-The Comp. has issued Bonus Shares in the Ratio of 1:1.

-The Comp. has issued rights in the ratio of 1:2 at a premium of Rs 2/- Per Share.