Indo Rama Synthetics (India) Ltd
Indo Rama Synthetics (India) Ltd Company History
Indo Rama Synthetics (India) is a manufacturer of polyester filament yarn (PFY), polyester staple fibre (PSF), draw texturised yarn (DTY), specialty fiber and chips. The Company is also having power generation facility, which is available primarily for captive consumption.
2002
Indo Rama Synthetics signs a contract with Zimmer AG of Germany for the installation of polyester staple fibre (PSF) and textile grade chips production unit with a 500 tonne per day continuous polycondensation facility with an estimated cost of the project around 490 crore.
Mr Shailendar Tandon is appointed as the Chief Financial Officer of Indo Rama Synthetic.
Indo Rama Synthetic signs a contract with Zimmer AG of Germany for the installation of
Polyester staple fibre and textile grade chip production unit.
Indo Rama appoints Mr.Rajiv Agarwal as the President and Chief Executive Officer of
the Spinning Business.
Indo Rama increases its production capacity in several product categories.
Indo Rama gets SRTECP Special Award for Exemplary Export Performance for the
second highest overall export performance in India.
2002
2003
Indo Rama enters into an agreement with Pegasus Global Limited of Thailand to set up
StartPet Inc.
Indo Rama appoints Mr.Udayan G Dravid as the senior Vice-president of the Marketing Segment.
IRSL gets Mr. Shantanu Banerjee as the new Vice-President, Corporate Human Resource
of Indo Rama Synthetics.
Indo Rama Synthetics Ltd secures the National Safety Award for 2002-2003.
Indo Rama signs tech pact with Zimmer AG for expansion
2003
2004
Indo Rama Synthetics signs Share Purchase Agreement with Indo Pet Thailand
Delist from Ahmedabad Stock Exchange with effect from October 15, 2004.
2004
2005
Delist equity shares from Madhya Pradesh Stock Exchange (MPSE) w.e.f. February 15, 2005.
Delist equity shares from the Calcutta Stock Exchange Association Ltd (CSE) w.e.f. April 25, 2005.
2005
2009
Indo Rama Synthetics India Ltd has appointed Dr. Arvind Pandalal as an Additional Director on the Board of Directors of the Company with effect from July 20, 2009.
2009
2010
The Company has appointed Mr. Jayant Sood as Asst. Vice President & Company Secretary who will be acting as Compliance Officer of the Company.
2010
2011
Indo Rama Synthetics has recommended a final dividend of Re. 1 per share (10%) on equity shares.
2011
2012
Indo Rama Synthetics (India) signs MoU with Indorama Ventures to build PTA-PET-PSF Plant in India with an investment of US $700 million Single largest Thai investment in India
The Company has appointed Mr. Ashok J Gupta as Executive Director and CEO of the Company.
2012
2013
Indo Rama Synthetics (India) Ltd. Bestowed with National Energy Conservation Award.
2013
2014
Indo Rama Synthetics has recommended dividend of Re. 1/- per share (10%) on equity shares.
2014
2016
Indo Rama has inked an agreement with Tata Power Renewable Energy Limited, to dispose off 30 MW Wind Farm in Maharashtra.
2016
2020
Indo Rama Synthetics (India) Limited has resumed production at its Butibori Plant with effect from 9th June 2020.
2020
