1976 - The company was incorporated on 7th October at New Delhi. The
company was promoted by Ashok Jaipuria and is engaged in
manufacture of Biaxially Oriented Polypropylene (BOPP) film
packaging and electronic applications.
- The Company undertook to manufacture biaxially oriented
polypropylene film both coated and uncoated. The film was to
manufactured in the thickness range of 10 to 15 microns and
intended to cater mainly to the packaging industry.
1980 - Allotted 2,60,000 shares to promoters, etc., 99,000 shares to
SICOM and 1,00,000 shares to Ashok Jaipuria. 4,41,000 shares
offered at par for public subscription during July.
1984 - The operations registered a satisfactory growth. Production
sales increased to 512 tonnes and 499 tonnes respectively.
1985 - The research and development wing of the Company developed a
product, pearlined film, which is used for attractive
- Forfeiture on 1,700 No. of equity shares annulled.
1986 - Subject to necessary approvals being obtained, the Company
proposed to offer 11,93,800-15% secured convertible debentures
Rs. 120 each on Rights basis in the proportion 1 deb.: 2
- Simultaneously another 59,690-15% debentures of Rs. 120 each
2,38,760 debentures of Rs. 120 each were to be offered on
preferential basis to employees of the Company and to the
shareholders of the promoter companies.
- Rs. 20 of the face value of each debenture was to be
automatically and compuslorily converted into 2 equity shares
Rs. 10 each at the expiry of 6 months from the date of
- Remaining Rs. 100 of the face value of each debenture was to
converted into fully paid equity shares of the Company
between 3 and 4 years at a price to be decided by the Board,
price not exceeding 45% of the average market price
during the period of 6 months preceding the date of conversion
at Rs. 100 whichever is lower.
- For those not opting for conversion, debentures would be
in three yearly equal instalments payable at the end of 6th,
and 8th year from the date of allotment of debentures.
1987 - 14,17,500 shares issued (prem. Rs. 30 per share); 9,00,000
Authorised Capital reclassified. (Rs. 30 per share);
shares as right in prop. 1:1 (all were taken up); 4,50,000
to the public in Dec. (all were taken up) and 67,500 shares
employees (only 2,600 shares taken up and the balance 64,900
shares were allowed to lapse). Additional 1,35,000 shares
allotted to retain oversubscription (90,000 shares as rights
45,000 shares to the public).
1988 - Despite the favourable results, margins were adversely
on account of increased raw material costs, heavy burden of
interest and depreciation in respect of plant II and
realisation. The Company received overseas enquiries for sale
know-how for production of BOPP film and negotiation
to the enquiries were in progress.
- The Company received a letter of intent to expand the capacity
an additional 2,000 tonnes per annum of packaging grade film
collaboration with General Electric, U.S.A.
- The Company promoted Cosmo Electrofil Ltd., for implementing
800 tpa capacity grade film project.
1989 - The Company also took up implementation of the 800 tonnes per
annum capacitor film project which went on stream.
1990 - Increase in the cost of raw material, higher interest charges
steep levy in margin money on imports adversely affected the
- Authorised capital increased by issue of unclassified shares.
1991 - The company developed a very specialised BOPP film under the
brand name CMP-111 that has all the advantages and feel of
-Change of address: Alankit Assignments Ltd, 205-208, Anarkali
complex, Jhandewalan Extn, New Delhi - 110 055. Tel : 3610220-24,
3513512-16 Fax : 3552001.
-Appoints valuer to determine SWAP ratio of 1:2 and approves for the
merger of Gujarat Propack Ltd with the company
-Promoters of the company increase their stake by 8.49% by acquiring
7.02 lakh shares at the rate of Rs.34.55 per share.
-Holds 93.5% stake in Gujarat Propack Ltd and undertakes
comprehensive restructuring which includes cost reduction and man
-Holds 55% share in biaxially oriented polypropylene (BOPP) domestic
flexible packaging market.
-Board approves for the expansion of additional production facilities
of 14000 TPA at the cost of Rs. 500 million.
-Board approves for the Bonus issue in the ratio of one equity share
for every equity share held.
-Invests Rs.50cr to expand the capacity of its Aurangabad
(Maharashtra) facility from 46000 tons to 60000 tons.
-Members approve for the delisting of the company's share from Delhi
stock exchange and Ahmedabad stock exchange.
-The securities of the company has been de-listed from The Delhi
Stock Exchange and The Stock Exchange, Ahmedabad.
-Cosmo Films Ltd has has appointed Mr R Vasudevan as additional
director of the Company w.e.f. October 26, 2006.
-Cosmo Films Ltd has appointed Mr. Parvinder S Arora as Company
Secretary w.e.f. July 04, 2008.
- Cosmo Films Ltd has informed that the Board of Directors of the
Company has co-opted Mr. H. N. Sinor, as Additional Director in the
category of Non Executive and Independent Director w.e.f. March 02,
2009 by way of resolution by circulation.
- Cosmo Films Ltd has appointed Mr. Suresh Rajpal as a Director in
the Casual Vacancy in the category of Non-Executive and Independent
Director w.e.f. May 28, 2010.
-Registered Office of the Company has been shifted from 30,
Community Centre, Saket New Delhi - 110017, to 1008, DLF Tower-A,
Jasola District Centre, New Delhi - 110 025
-Set up a new manufacturing plant in South Korea in November 2011.
-Ms. Neetu Sharma has been appointed as a Company Secretary and
Compliance Officer of the company
-Ms. Jyoti Dixit has been appointed as a Company Secretary and
Compliance Officer of the company
-Cosmo Films Ltd has recommended a dividend of Rs 5 per equity share