YEAR                       EVENTS
 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
 Containers
        Limited, is a company promoted by members of the TVS family
 and
        is part of the Fidelity Group.  Other prominent companies in
 the
        group are Fidelity Finance Limited and Tribology India
 Limited.  
  
      - The Company operates through two divisions, Shree Products
 (the
        Pharmaceutical Closures division) is located in the
 Industrial
        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
 SEBI
        guidelines to promoters and their associates to the tune of
 Rs. 
        40 crores including premium.
 
      - The Company has allotted 40,02,700 No. of equity shares of
 Rs.
        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
 Rs.
       10 each at a premiumof Rs. 35 per share on preferential basis
 to
       the promoters and their associates.
 
 
 2004
 
 -L&T Infotech forges alliance with Fidelity