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Jindal Poly Films Ltd
Jindal Poly Films Ltd Company History
Jindal Poly Films is engaged in manufacturing of Nonwoven Fabric products with plant located in Nasik.
2002
Jindal Photo acquires 1,50,00,000 optionally convertible preference shares of the company.
Sh Nvpks R Murthy, Director resigns from the Board. Mr Kedar Anandroa deshpande joins as the Director on the Board of the company.
Appoints Mr Shyam Sunder Jindal as the Additional Director of the company.
2002
2003
Allots 5% optionally convertible preference shares on preferential basis to Jindal Photo Films Ltd.
Board approves to acquire REXOR GROUP.
Members approve for the following:
Appointment of Sameer Banerjee as the Director Marketing.
Increase in Authorised capital from Rs.1580mn to Rs.1900 mn.
Delisting of company's shares from UP, Delhi, Calcutta and Ahmedabad Stock Exchanges.
2003
2004
Jindal Polyester Ltd has informed that shares of the company have been delisted from the following stock exchanges : i) U P Stock Exchange w.e.f. January 30, 2004; ii) Delhi Stock Exchange w.e.f. February 11, 2004.
2004
2006
Mr. L. P. Soni, Fellow Member of the Institute of Company Secretaries of India, (Membership No. 2213) has been appointed as Company Secretary of the Company.
2006
2007
The Company at its meeting held on August 31, 2007, inter alia, has recommended a dividend of 20% on Equity Shares subject to approval of Shareholders in the ensuing Annual General Meeting of the Company.
2007
2008
The Company at its meeting held on September 03, 2008, inter alia, has recommended a dividend of 20% on Equity Shares subject to approval of Shareholders in the ensuing Annual General Meeting of the Company.
The Board of Directors of the Company in their meeting held on 29/04/2008, approved an investment upto Rs.250 crore (including premium, if any) in one or more tranches in the form of acquisition/subscription of Equity Shares of Jindal India Powertech Limited, which will be the holding Company of power generating company.
Jindal Poly Films Ltd has informed that "Mr. Ajit Mishra, Associate Member of the Institute of Company Secretaries of India, has been appointed as Compliance Officer of the company w.e.f. 26.9.2008, in place of Mr. L.P. Soni".
2008
2009
The Company at its meeting held on September 03, 2009, inter alia, has recommended a dividend of 20% on Equity shares (Rs. 2/- per Shares) subject to approval of Shareholders in the ensuing Annual General Meeting of the Company.
2009
2010
Started 3rd 8.7 mtrs BOPET line with a capacity of 30000 tpa.
Between 2003-2011 9 Metallizer have been installed with a total capacity of 53640 tpa.
Jindal Poly Films has given the Bonus in the Ratio of 1:1
2010
2011
Jindal Poly Films Ltd, a maker of flexible packaging films, is also evaluating the option of hitting the capital market in order to raise $200 million for thermal power projects.
Jindal Poly Films Ltd has informed BSE that Jindal Poly Subsidiary Awarded Coal Block in Mozambique.
The Board has recommended a dividend of 25% on Equity Shares.
2011
2012
Jindal Poly Films Ltd has informed BSE that the Company has entered into an agreement with ExxonMobil Chemical (ExxonMobil) to purchase ExxonMobil's BOPP Global Film business.
Jindal Poly - Board recommends Dividend of 25% on Equity Shares.
2012
2013
Approved the entering of Sale Purchase Agreements relating to the acquisition of Global BOPP Films Business of ExxonMobile Chemical.
2013
2014
Jindal Poly Films Ltd has recommended dividend of Re. 1/- per Equity Share i.e. @ 10%.
Chandrakantha Rao is appointed as Whole Time Director of the Company.
Ventured into the non-woven business in India
2014
2015
Received BRC certification for India plant
2015
2016
Jindal Poly Films Ltd has informed BSE regarding "Commissioning of new BOPP capacity at Nashik Plant".
2016
2017
Acquisition of Apeldoorn Flexible Packaging Holding B.V. with Jindal Poly Films Ltd.
2017
2020
Expansion of BOPP film capacity to 311,000 MTPA
2020