History of National Plastic Technologies Ltd.

Arham Plastics Lmited was originaly incorporated on 12-05-1989 with Registrar of Companies, Tamil Nadu at Madras as Private Ltd Comp. under the name Hi-Tech Plastics P. Ltd & later converted into Public Ltd company on 14-12-94. Subsequently, the Comp. has changed its name into Arham Plastics Ltd, vide frean certificate of incorporation dt 05-01-1995.

The Comp. was promoted by Mr. Sudershan Parakh who has over 2 decades of experience in plastic industry & his associates. Recently Mr. Bachhral Parakh who has over 40 years experience in plastic industry has been inducted into the Board. Together, the promoters of Arham Plastics Ltd,are involved in the management of three other concerns collectively forming 'NATIONAL PLASTICS MADRAS'.

The Comp. is presently having one 550 Ton Toshiba Injection Mould ng Machine with the annual production capacity of 265 Tons. The Comp. is supplying high precision plastic components for Televisions, Teiecom Batteries, Sanitarywares & Plastic Fans. The companys' existing major customers are Solidaire India Ltd, Campion Plastic Industries [Ps] Ltd & Plastic Fans [Ps] Ltd.

YEAR INSTALLED CAPACITY CAPACITY UTILISATION

1991-92 265 TONS 81.5% 1992-93 265 TONS 64.2% 1993-94 265 TONS 84.5% 1994-95 265 TONS 94.8%

Reduction in capacity utilisation during 1992-93 was due to slump in off-take ol TV Components. Because of the diversification in the product range planned in the current expansion programme, recession in any particular industry is not likely to affect the company overall operations.

The present turnover of Plastic Industry as a whole is around Rs. 4500 Crores which is expected to go upto Rs. 15000 Crores by 2000 AD. During the Eighth & Ninth Plan period the plastic industry is expected to grow ala compounded annual rate of 12% ard 17% respectively. The plastic components are used in various sectors including Automobile, Telecom & Consumer Electronics & Durables. The market for white goods industry is expanding manifold and consequently there is huge reqirement fortheir components. Plastic moulded furniture, especially chairs are rapidly replacing conventional steel & wooden furniture mainly due to distinct advantages in terms of cost & features. This particular segment has been experiencing strong growth in demand which is about 25% per annum. [Economic Times Dt 06-04-1994s]

The key financial pertormance data of Comp. is given below:

[Rs.in Lacss]

Particulars 31.03.95 31.03.94 31.03.93 31-03-92

Total income 206.32 135.64 76.55 109.77 Profit after Tax 17.45 1.38 0.27 2.97 Share capital 141.81 78.03 7.65 7.09 Reserves & surplus 32.71 23.63 22.31 24.89 Gross Block 275.77# 137.52* 65.92 27.46 Depreciation 70.91 39.74 28.26 8.79 Net Current Assets 204.86 77.60 53.38 59.78

* Includes enhancement due to revaluation of one machinery and one mould to the extent of Rs. 62.82 lacs & Rs. 7.56 Lacs respectively.

4, To carry on the business of manufacturing,prccessing or buying or selling of all ionds of natural & synthetic polymers & polymer products.

5. To manufacture,assemble or to deal in as buyers, sellers or as agents in all kinds of spares,plant & machinery, required for processing, manufacturing,packaging products, polymer products, plastic products & rubber products, ancillary & auxiliary equipments, moulds,tools, {{gs. fixtures, colours, pigments, & allied chemicals,

SUBSIDIARY COMPANY

The Comp. has no subsidiary.

2001 - The Chennai-based Arham Plastics Ltd., part of National Plastics Group, has been awaded ISO 9002 certification by RWTUC Germay for manufacture and supply of plastic moulded industrial products & furnitures.

2008

Arham Plastics Ltd has received the fresh certificate of Incorporation for change the name of Comp. from 'Arham Plastics Ltd' to 'National Plastic Technologies Ltd' with effect from March 18, 2008.