The Company has been promoted by Shri G. S. Poddar and Rajasthan Petro
 Synthetics Limited.
 
 M/s. Poddar Pigments Limited (PPL) was incorporated on 11th November,
 1991, and obtained a certificate of commencement of business on 30th
 December, 1991 from the Registrar of Companies(ROC), Rajasthan at
 Jaipur. The company promoted by Shri G. S. Poddar and M/s. Rajasthan
 Petro Synthetics Limited, is setting up an import substitution
 project for manufacture of 1200 tpa fibre grade master batches for
 dope dyeing of filament yarn and fibre of polypropylene at RIICO
 Industrial Area, Sitapura, Jaipur in Rajasthan.
 
 The immediate object of the Company is to set up a project for
 manufacturing 1200 TPA of Polypropylene based master batches in fibre
 grade.
 
 The company started implementing the project at the site. As per the
 appraisal note, commencement of commercial production was expected in
 July, 1994. The company expects to commence commercial production of
 first phase of 70% of installed capacity in April, 1994 and the
 second phase of 30% of installed capacity by April, 1995.
 
 1995
 
 - The Company has established production of PP Fiber Grade
 Masterbatches and PE Masterbatches.
 
 1997
 
 - The Company has established production of Polyester masterbatches
 for Fibre and PET Bottle applications.
 
 1999
 
 - The Company has established production of Nylon Masterbatches for
 Fiber applications. Enhancement of Plant Capacity.
 
 2000
 
 - Acquisition of ISO 9002.
 
 2002
 
 - Enhancement of Plant Capacity
 
 2003
 
 - Up-gradation from ISO 9002:1994 to ISO 9001:2000 Certification
 Masterbatches for Polyester Automotive & outdoor furniture
 applications.
 
 2004
 
 - Accredition as an EXPORT HOUSE by Govt. of INDIA
 
 2007
 
 - Accredition as an 'Star House' for Export by Govt of India.
 
 2008
 
 - The Company has received the award as second best exporter of
 Masterbatches in the country by Plexcouncil
 
 2009
 
 - Awarded second best exporter of Masterbatches in the country by
 Plexcouncil. Upgradation from ISO 9001 : 2000 to ISO 9001 : 2008
 
 2010
 
 - Enhancement of plant capacity to 11100 tpa
 
 2012
 
 - The Company has recommended Dividend at the rate of 20% i.e. Rs.
 2/- per equity share of Rs. 10/- each.