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History of Nylofil India Ltd.

The Comp. was promoted by Sri. V Venkateswara Rao, & Sri. V.V.Ramalingayya. The Comp. was incorporated as a Private Limited Comp. registered with the Registrar of Companies, Andhra Pradesh vide Cerftificate of Incorporation dated 13th January,1992. Subsequently the Comp. was converted into a Public Limited Comp. on 20-7-1993 vide Special Resolution dated 27th April 1993. At present the Comp. is carrying on the business of manufacture of Fish Nets.

In order to achieve the economies of scale & for better administration & management the Comp. has taken over two group Companies viz., M/S Bhushan Fish Nets Private Limited & M/S Vinayaka Fish nets private limited through the process of amalgamation. Further the Comp. has also taken over a Partnership Firm belonging to the same group M/S United Fish Nets, all with effect from 1-12-1992. The Comp. has started its operations effectively from 1-12-1992 i.e., after the above amalgamation..