PRESSURE SENSITIVE SYSTEMS (INDIA) LIMITED was originally incorporated
as a Pvt. Ltd. Company on 3rd December, 1987, in the state of
Maharashtra and subsequently converted into a Public Limited Company
by passing a special resolution under Section 31 at the Extra
Ordinary General Meeting held on 25th October, 1993, and obtained a
certificate for the change of name consequent to the conversion of
the Company from Private to Public on 23rd November, 1993 from the
Registrar of Companies, Maharashtra, Bombay.
The Company is presently engaged in manufacture of salt adhesive
tapes like Nylon cloth Tapes, Rayon Cloth Tapes. aingle sided cotton
cloth Tapes, Double sided cotton cloth Tapes and Fibre glass cloth
Tapes with a Installed Capacity of 3,00,000 sq. mts. per annum at its
factory site at Plot No.6, Village Pimpleqaon, Taluka Pen, Dist.
Raigad, Maharashtra. Till August 1991 since its incorporation, the
Company was in the process of tying-up the necessary infrastructural
facilities, term loan, and project was under implementation. Hence no
operations were carried out.
Though the company started commercial production in August 1991 for
the purpose of getting feedback response about \ the acceptability of
the product from market, the full fledged production was started only
in october 1992. The Company was sanctioned a Term Loan aggregating
to Rs. 47.40 Lakhs by M/s. Masarashtra State Financial Corporation
and it has been enjoying working capital facilities of about Rs.
22.50 Lakhs from Indian Bank, Matunga, Bombay for the present unit.
SUBSIDIARY OFThE COMPANY
The Company does not have any subsidiary.
-E-mail ID for Investors Complaints:firstname.lastname@example.org.