The company was incorporated as Witwayfort India Private Limited on
 30th May 1986. The company was initially promoted by Mr.Debasis
 Mukherjee and Mrs.Parna Mukherjee. The land at Noida was acquired in
 1987 on a 99 year lease. However there was no commercial activity in
 the company till 1988.
 
 The company was subsequently taken over by Mr.I.P.S.  Walia and Mr.
 Ashok Ahluwalia in March, 1989.  The trading of PVC Films was started
 in 1988 and continued till March 1990. The Order for imported old high
 Vacuum Metallizing Plant of TORVAC make was placed in 1989 and was
 received in February 1990. The production of Metallized Plastic film
 was started in March 1990 and total Sales Tax exemption was obtained
 for six years.
 
 The shareholders of the company passed a special resolution on 30th
 April 1994 deleting the word private and also removing the
 restriction placed under section 3(i) (iii) (a), (b), (c) of the
 Companies Act 1956 and obtained fresh Certificate of Incorporation
 dated 16th June 1994 from the Registrar of the Companies, NCT of
 Delhi and Haryana at New Delhi converting the Company into a Public
 Limited Company.
 
 At Noida, the company has facilities for manufacturing of Metaltized
 Plastic film of 1200 MT P.A. and is regularly manufacturing
 Metaltized Polyester Film, Metallized BOPP films etc. of various
 sizes and thickness.
 
 The company is diversifying its activity by starting manufacturing of
 Multilayered Co-extruded Plastic Film For this purpose, the company
 has acquired a Unit at Bhiwadi from RIICO Rajasthan on 17.12.1993.
 After making necessary changes, modification, the trial run were
 conducted in March 1994 and commercial production has been started in
 August 1994.