Evinix Accessories Ltd.

History
 
 The company was incorporated on 1st  May 1996 as Evinix Fashion 
 Accessories Private Limited under the Companies Act, 1956 and
 registered 
 with Registrar of  Companies, N.C.T of  Delhi and Haryana, Delhi. EAL
 was 
 originally promoted by Mr. Raujeev Taneja and Mrs. Anuradha Taneja.
 Our 
 Company started manufacturing activity of  fashion accessories at 37,
 DSIDC 
 Scheme I, Okhla Phase II, New Delhi. Later in 1996, Mr. P. C.
 Kathuria joined 
 as a promoter. Subsequently, in 2000, Mr. Sanjay Taneja, brother of 
 Mr.
 Raujeev Taneja, joined the Company as a Promoter replacing Mrs.
 Anuradha 
 Taneja, who disassociated herself  from the company. The name of our
 company 
 was changed to Evinix Accessories Private Limited vide fresh
 Certificate of 
 Incorporation dated 20th  March 2003. In March 2005, M/s Ambros
 Exports 
 Private Limited took equity stake in the company by way of purchasing
 a part 
 of the equity holding of Mr. Raujeev Taneja and Mr. Sanjay Taneja. 
 Mr. P. C. Kathuria disassociated himself from the company in March
 2005.
 
 On 1st April 2005, our company entered into a partnership with Evinix
 
 Consolidated, a Partnership Firm having Mr. Raujeev Taneja and Mr.
 Sanjay 
 Taneja as its two partners. The partnership subsisted upto 30th 
 April 2005 as
 other two partners resigned and on 1st  May 2005, the partnership was
 dissolved 
 and our company became the Proprietor of the firm. Evinix
 Consolidated was formed 
 as a Partnership firm between Mr. Raujeev Taneja and Mr. Sanjay
 Taneja in year 
 1997, to undertake supply of  Readymade Garments and Fashion
 Accessories
 exclusively to Indian customers. The firm was undertaking trading &
 job work 
 activities.  Since year 2001 it  undertook manufacturing activities
 also at its premises. 
 It is now a unit of Evinix Accessories Limited.
 
 Our company was converted into a Public Limited Company vide fresh
 Certificate 
 of  Incorporation dated 3rd Feb 2006 under the name of  EVINIX
 ACCESSORIES 
 LIMITED. The current promoters of the company are Mr. Raujeev Taneja,
 Mr. Sanjay 
 Taneja and M/s Ambros Exports Private Limited. The promoters of  the
 company are 
 well qualified and have experience of more than 15 years in the
 fashion and textile 
 industry.
 
 Our Company was originally incorporated with the object of
 development and 
 manufacturing of  Headgears, Base Ball Caps and High Altitude Jackets
 using cotton 
 textile and synthetic leather. In 1998 company started  manufacturing
 and exporting 
 fashion bags, travel bags, school bags, wallets, belts and scarves,
 additionally
 catering to various overseas buyers. Further expansion was undertaken
 in year 2000 
 and we started exporting to GAP, U.S.A,  J.Crew, U.S.A, Country Road,
 Liz Claiborne, 
 Kookai, Marks & Spencer, UK etc. The Company has been continuously
 adding new 
 products and new buyers in the Fashion Accessories segment. These are
 presently 
 being produced at two factories with in-house facilities for
 fabrication, washing and 
 embroidery. 
 
 In the F.Y 2002-03 and 2003-04, the company suffered losses due to
 cancellation of 
 orders in wake of  Iraq war by the buyers. The net worth of the
 company became 
 negative as on 31st  March 2004.  However the company regained
 positive net worth 
 in F.Y. 2004-05 with total income of  Rs 2901.24 Lacs and PAT of  Rs
 373.76 Lacs.
 In the F.Y 2005-06, the performance has further improved and upto
 15th Feb 2006 the 
 company has earned a PAT of  Rs 655.26 Lacs on total income of  Rs
 4466.15 Lacs.
 
 The Registered and corporate office of our company is situated at
 KH-43, Sector 45, 
 Mewla Maharajpur, Faridabad 121003, Haryana.
 
 Milestones
 
 YEAR       MILESTONES
 
 1996-97    Commenced operations with imported specialized machinery
 for base 
                  ball caps manufacturing and embroidery
                  Commenced Exports of Base Ball Caps to USA
 
 1997-98    Started Manufacturing & Supply of Sports bags.
                  Commencement of Export of Sports Bags to USA.
                  Started Export of Caps to Middle East.
 
 1998-99   Capacity expansion undertaken with setting up of a factory
 in Faridabad
 
 2000-01   Conversion of existing facility at Faridabad into 100%
 EOU.
                 Expansion at Faridabad Unit to manufacture Cotton
 Canvas Bags.
 
 2001-02   Commencement of Manufacture & Exports of Babies and Kids
 Accessories.
                 Awarded for outstanding export performance in
 Made-ups category by 
                 TEXPROCIL, India.
 
 2002-03   Commenced export of Leather Belts
 
 2003-04   Commenced production and exports of Leather Handbags and
 Wallets
 
 2005-06   Creation and Setup of Design Studio
                 Entered into an Trademark Licensee agreement with
 Gini & Jony
                 Merger of Evinix Consolidated in the company.
  
 
 2008
 
 -Evinix Accessories Limited has appointed Mr. Vikas Prakash as a
 Company Secretary & Compliance Officer of the Company w.e.f. August
 14, 2008.
 
 - The Company has splits its face value from Rs10/- to Rs1/-.
 
 2009
 
 -Evinix Accessories Limited has informed that Mr. Rajeev Kumar
 Bainwala has joined as new CFO  (Chief Financial Officer) of the
 Company w.e.f. January 09, 2009, he has replaced outgoing CFO, Mr.
 Arun Kumar Goela who has resigned w.e.f. January 09, 2009.
 
 2010
 
 -Company has changed its name from Evinix Accessories Ltd. to Evinix
 Industries Ltd.     
 
 2011
 -The Registered office of the company shifted from Haryana to Delhi.