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ESS DEE Aluminium > Company History > Packaging > Company History of ESS DEE Aluminium - BSE: 532787, NSE: ESSDEE

ESS DEE Aluminium

BSE: 532787  |  NSE: ESSDEE  |  ISIN: INE825H01017  |  Packaging

Company History - ESS DEE Aluminium
Our Company was incorporated as Ess Dee Aluminium Private Limited on
 10th February
 2004 under the Companies Act, 1956 and registered with the Registrar
 of Companies, Goa,
 Daman & Diu with its Registered Office situated at Plot No. 124-133,
 Panchal Udyog Nagar,
 Bhimpore, Daman - 396 210. Our Company is promoted by Mr. Sudip
 Dutta. Our Company
 has been converted into a public limited company on 14th June 2006
 and in pursuance
 thereof, the name of our Company has been changed to Ess Dee
 Aluminium Limited. Our
 Company has its own manufacturing facilities at Daman and Goa for
 manufacture of
 Aluminium Foils and Poly Vinyl Films based packaging products
 respectively for the
 pharmaceutical sector.
 
 The Goa unit of our Company was earlier owned by Atlanta Vinyl
 Private Limited (Atlanta
 Vinyl), a company promoted by our Promoter, Mr. Sudip Dutta. Atlanta
 Vinyl was
 incorporated on 20th September 2002 and registered with the Registrar
 of Companies, Goa,
 Daman & Diu with its registered office situated at Plot No. 161,
 Kundaim Industrial Estate,
 Kundaim, Goa - 403 115. Atlanta Vinyl was carrying on the business of
 manufacture of Poly
 Vinyl Films for the pharmaceutical sector. Considering the similar
 nature of business and
 following the principles of Corporate Governance, Atlanta Vinyl has
 been amalgamated with
 our Company with effect from 1st April 2005, in pursuance of the
 orders dated 31st March
 2006 and 7th April 2006 by the Hon’ble High Courts at Goa and Mumbai
 respectively
 
 Major events in the History of Our Company
 
 Sr.
 No.    Major Events                                                  
                                                 Year
 
 1       Completed the construction of the factory at Daman for
 manufacture of
          Aluminium foil based packaging products with a capacity of
 3,600 MTPA.     2004
 
 2       Amalgamation of Atlanta Vinyl Private Limited with our
 Company thereby
          adding an additional unit for manufacture of Poly Vinyl
 Films based
          packaging products at Goa with a capacity of 4,000 MTPA.    
                      2006
 
 3       Acquisition of the entire paid-up share capital of Flex Art
 Foil Private
          Limited, engaged in the business of printing aluminium foil
 based
          packaging products                                          
                                               2006
 
 4      Commencement of setting up of additional manufacturing
 facilities for
         Aluminium foil based packaging products at Daman             
                            2006
Source : Religare Technova

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