1987 - The Company was incorporated on the 27th May, as Fidelity
Containers Limited and subsequently its name was changed to
Fidelity Industries Limited on 31st March, 1993.
- Fidelity Industries Limited, formely known as Fidelity
Limited, is a company promoted by members of the TVS family
is part of the Fidelity Group. Other prominent companies in
group are Fidelity Finance Limited and Tribology India
- The Company operates through two divisions, Shree Products
Pharmaceutical Closures division) is located in the
belt of Pimpri, Pune, Fidelity Industrial Tyres division is a
100% EOU located in the Madras Export Processing Zone.
2000 - The Company has decided to issue number of equity shares on
preferential basis at a price to be arrived at as per the
guidelines to promoters and their associates to the tune of
40 crores including premium.
- The Company has allotted 40,02,700 No. of equity shares of
10/- each at a premium of Rs. 35/- per share on preferential
basis to promoters and their associates.
- The Company issue of around 88,88,900 No. of equity shares of
10 each at a premiumof Rs. 35 per share on preferential basis
the promoters and their associates.
-L&T Infotech forges alliance with Fidelity