The Company was carrying on the business under the name and tyle of
M/s UMA PLASTIC INDUSTRIES with its principal place of business at
Ahmedabad. For the same of smooth working, better and efficient
management and improvement and advancement of business, the said
joint stock Company has been converted and incorporated under Section
566 of the Companies Act, 1956 as UMA PETROFILS INDIA LIMITED on 24th
September 1992. The Certificate for Commencement of business was
obtained on 7th October 1992.
The Company subsequently took over M/s UMA PACKS another partnership
firm of the group with effect from 10th October 1992. At the time of
conversion, the assets of the two firms were revalued at market value
and transferred in the name of Uma Petrofils India Limited. The
promoters of the erstwhile firms have been allotted Equity shares at
par in the company as purchase consideration.
Both the firms i.e M/s Uma Plastics Industries & M/s Uma Packs were
carrying on business of manufacturing of printed polyethelene bags
since 1988 and 1990 respectively at Village Kadi dist. Mehsana. The
present combined manufacturing capacity of these units is 1200 tpa.
The company is now embarking on an expansion programme for
manufacturing Polyster/BOPP film printing and lamination. It has
therefore decided to expand its capacity to 2280 tpa from 1200 tpa to
get the benefit of the demand of flexible multilaminated packaging
material as well as to exploit the profitable market potential of
flexi packs. The expansion will be carried out at village Changodar,
Taluka Sanand Dist. Ahmedabad.
M/s Uma Packs commenced commercial production from March 1990.
The Company does not have any subsidiary Company.
The Company has been promoted by Mr Laljibhai M Patel, Dr Arvindbhai
M Amin, Mr Batukhai Shyani and Mr Maganbhai patel.
-Company name has been changed from Uma Petro Products India Ltd to
JMDE Packaging & Realties Ltd
-Company has splits its Face value of Shares from Rs 10 to Re 1
--Registered Office of the Company has been shifted to 502, Sinchan
Apartment, Off.Verra Desai Road, Andheri (W), Mumbai-400053