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Twenty First Century Management Services Ltd

Uflex Ltd

BSE : 500148|NSE : UFLEX|ISIN : INE516A01017

Uflex Ltd Company History

Uflex is a leading Indian Multinational, engaged in the manufacture and sale of flexible packaging products & off ers a complete flexible packaging solution to its customers across the globe.

1999
2000
2001
2002
2003
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

1999

Flex Industries Ltd and Polyplex Corporation Ltd--two polyester majors have decided to hive-off their polyester film businesses to form a joint venture.

The companies had signed a memorandum of understanding (MoU) recently to create the country's largest and the world's fifth largest polyester film manufacturing company with an installed capacity of 39 000 tonne per annum.

1999

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2000

Board Approves, the proposal to acquire 100% share holding in Cincom Systems India Pvt. Ltd., 100% subsidiary of Cincom System Marutius (CSM) and which is a 100% subsidiary of Cincom System Inc.

2000

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2001

Financial institutions led by ICICI sanction a debt restructuring package

Issues and allotts 1,00,00,000 warrants at a price of Rs 24 per warrant to promoters and their associates.

The restructuring package, worth Rs 700 crore cancelled by the Financial Institutuions(FI)

Delhi High Court rejected the bail applications of suspended central excise chief commissioner Someshwar Mishra and Flex Industries chief Ashok Chaturvedi in a bribery case.

2001

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2002

Mr. M G gupta and Mr. N Sitaraman have been appointed as Directors of the company.

Shri K.E.C. Raja Kumar has been nominated by UTI on the Board of Directors of the company as their new nominee in place of Shri Ravi Kathpalia. Shri Ravi Kathpalia has been co-opted as a Director on the Board of the company.

Mr. N Sitaraman, Director of the company has been appointed as Director (Secretarial & Legal) of the company w.e.f. July 08, 2002.

2002

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2003

Approves the allotment of 10000000 equity shares against the conversion of 10000000 warrants on preferential basis

Mr. Paresh Nath Sharma has been appointed as a Whole-time Director of the Company with effect from September 15, 2003.

Major fire breaks out at two of the production lines located at Sector-60, Noida engaged in manufacturing flexible plastic materials on October 01, 2003

Mr. P Abraham has been appointed as Nominee Director of Unit Trust of India in place of Mr. K E C Raja Kumar on the Board of the Company.

Independent investigator appointed by the Department of Company Affairs to probe the charges against Flex Industries

2003

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2007

Uflex Ltd has informed that ICICI Bank Ltd has nominated Mr. Sandeep Malhotra as their Nominee Director on the Board of the Company in place of Mr. A Karati.

Company name has been changed from Flex Industries Ltd to Uflex Ltd.

Registered Office of the Company has been shifted To 305, 3rd Floor, Bhanot Corner, Pamposh Enclave, Greater Kailash-I, New Delhi-110048.

2007

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2008

"IFCI Limited has nominated Mr. Javed Yunus as their nominee Director on the Board of the Company.

2008

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2009

Start-up of BOPET Film + Barrier Metlln. at Mexico

2009

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2010

Start-up of BOPP Film+ Barrier Metalln. at Egypt

2010

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2011

Start-up of CPP Film at Egypt

Start-up of AlOx Coating at Egypt

Start-up of BOPET Film at Egypt

Commenced construction of BOPET Film plant in Poland

Commenced construction of BOPET Film plant in USA

2011

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2012

Board recommended a Dividend @ Rs. 2.00 (Rupees Two only) per share (20%).

2012

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2013

Board recommended a Dividend @ Rs. 2.40 (Rupees Two and paise forty only) per share (24%).

2013

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2014

Board recommended a Dividend @ Rs. 2.50 (Rupees Two and Paise Fifty only) per share (25%) .

2014

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2015

Uflex Bags Silver Award For Flex Safepack At 27Th Dupont Awards For Packaging Innovation - Uflex Wins Make in India Award for Excellence

2015

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2016

Uflex launches SSFL in Gujarat

Uflex honoured with CSR Leadership Award 2016

Uflex wins 2 awards in packaging

Uflex launches Extrusion Lamination Machine in India

2016

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2017

First Indian company to manufacture Aseptic Liquid Carton Packaging with a plant commissioned in Sanand, Gujarat.

"Indiastar And Sies Sop Star Packaging Excellence Awards 2017 For Uflex ".

"Chemicals Business of Uflex bags CII National Award for Excellence in Water Management 2017".

Uflex and Implementation Partners honoured with Bureaucracy Today CSR Excellence Award 2017.

Uflex engineers flexfresh bag to export papaya by sea freight.

Uflex Launches Super Barrier Polyester Film.

2017

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2018

Uflex's Waterless Internet Flower Packaging Wins Top Honors at Sustainability Awards 2018.

Uflex helps Fresca launch in holographic aseptic packs.

Small Sachets by Uflex pack a Big Punch at FPA and AIMCAL Awards 2018.

Uflex Chairman honoured with The Economic Times Polymers Lifetime Achievement Award 2018.

Flexfilms Launches Two New Advanced Bopet Film.

2018

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2019

Uflex Launches A Revolutionary Packaging Solution ‘Asepto Eye’ For Beverages Industry At Gulfood Manufacturing 2019 In Dubai.

Uflex Honoured With ‘Excellence In Packaging – Beverages’ At The Et Polymers Awards 2019.

2019

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2020

Expands its operations in Poland with the commissioning of its second BOPET Line.

Uflex Chemicals Business Launches Dual Purpose Sanitizer ‘Flexguard-I’.

2020

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2021

Uflex Teams Up With Hoffer Plastics And Mespack To Launch 100% Recyclable Mono-Polymer Hot-Fill Pouches.

Uflex Joins Alliance To End Plastic Waste To Strengthen Its Global Mission Of Building A Circular Plastic Economy.Â

2021

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2022

UFlex Chemicals Introduce Zero Liquid Discharge Technology at its Noida Facility for Water & Environmental Protection.Â

UFlex Partners with CREDUCE to Achieve Carbon Neutrality to reduce almost 175,000 tonnes of carbon emission equivalent by end of 2024.

UFlex Chemicals acquires India patent for Solvent Free Pigmented Adhesive and a Process for its Preparation.

2022

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