The Company was incorporated on 23rd November 1993 as a Private
 Limited Company under the name of Sarla Polyester Pvt. Limited.
 Subsequently converted into a Public Limited Company vide Special
 Resolution passed on 24th November 1993
     
 The Company commenced implementation of the Project from February 1,
 1994 and purchased the Land at Silvassa on February 3, 1994 and has
 taken effective steps for implementation of the project and is
 therefor now Scheduled to commence Commercial Production by April 1,
 1995.
 
 The Company has yet to start commercial operation. The Company has
 already incurred Capital Expenditure (including Advances to
 Suppliers) to the extent of Rs. 249 lacs from out of Promoters
 Contribution.
 
 MAIN OBJECTS OF THE COMPANY
 
 The main objects of the company as set out in its Memorandum of
 Associatio, are as under :
 
 1. To carry on business of manufacturing, processing, weaving,
 spinning, doubling, texturising, crimping, twisting, sizing, combing,
 bleaching, mercerizing, calendering, pressing, warping, dyeing,
 printing, knitting, otherwise, packing, trading, distributing,
 storing, dealing, buying, selling, advancing, deal in all kind of
 yarns including cotton, viscouse, rayon, silk, staple fibre any other
 kind of manmade textiles including cotton, synthetic, silk rayon,
 woollen, synthetics and synthetics and synthetic blends both with
 nature and manmade artificial fibres, polyster, polyamide acrylic
 polypropelene, polysonic, polymetic, polyacrylic or any other
 synthetic fibre including weaving or manuufacturing unit either
 unitary or composite to produce, process, dye print, colader, wash,
 purify, bleach, weave, spin, textiles, twist, crimp, spin, import,
 export.
 
 2. To produce, buy, sell, export, import or deal otherwise in all
 classes of linning cloth, satins and silk or any other type of cloth
 and make an export house thereof.
 
 SUBSIDIARIES OF THE COMPANY, IF ANY
 
 The company does not have any subsidiary.
 
 2007
 
 -Company name has been changed from Sarla Polyester Ltd to Sarla
 Performance Fibers Ltd.
 
 2008
 
 -Sarla Performance Fibers Ltd has recommended for payment of dividend
 @ 35% on the equity share 
 
 2009
 
 -Sarla Performance Fibers Ltd has recommended for payment of dividend
 Rs 3.50/- per share
 
 2010
 
 -Mr. Manish Agarwal have been appointed as Compliance Officer of the
 Company.
 
 -Sarla Performance Fibers Ltd has recommended for payment of dividend
 Rs 3.50/- per share
 
 2011
 
 -Mr. Anil Kumar Jain has been appointed as an Additional Director of
 the Company.
 
 -Sarla Performance Fibers Ltd has recommended for payment of dividend
 Rs 4.50/- per share
 
 2012
 
 -Sarla Performance Fibers Ltd has recommended for payment of dividend
 Rs 5.00/- per share
 
 -Growth in Wind Power Generation Capacity