The company was incorporated on 4th October, 1985 and certificate of
commencement of Business was obtained on 28th October, 1985. It was
promoted by Mr Shantikumar R Podar jointly with O.P.Mathur, a non
resident Indian. The company manufactures high pile fur fabric by
silver knitting process.
The company entered into technical collaboration agreement with KARL
EYBL GMBH of Austria. As per the terms of this Agreement EYBL were
to provide training to 4 Indian personnel of its works for four weeks
and provide the services of 3 of its personnel in India EYBL were to
provide design/software and technical know-how for a period of 3
years from the date of Agreement.
-Company has changed its name from Podar Knitex Ltd. to Evergreen