Gujarat Raffia Industries Ltd.

The company was incorporated on the 30th July, 1984 in the state of
 Gujarat and obtained certificate for commencement of busienss on 15th
 Sept, 1984.  The Registered Office of the company is situated at
 Ahmedabad, its factory at village: Budasan and Mehsana.
 
 The company commenced operations in 1984 as a small scale unit with
 an installed capacity of 360 MTPA for HDPE Woven Sacks with only one
 extrusion line and graduated to Medium Scale Sector in 1992 by
 expanind the capacity.
 
 In the year June 1992, the company undertook an
 expansion-cum-diversification scheme envisaging expansion of capacity
 of HDPE Woven Sacks from 360 MTPA to 1008 MTPA and diversification
 into manufacture of 792 MTPA HDPE Sheets laminated with kraft paper
 and PE Tarpaulin.  The cost of the scheme was estimated at Rs. 434.51
 lakh.  This was financed by equity shares in the month of November,
 1992 at a premium of Rs. 6/- per share and internal accruals.  The
 promoters holding in the present paid up capital is 40%.
 
 With the growing export demand for PE Tarpaulin, GRIL has proposed to
 set up a new project for manufacture 3177 MTPA of PE Tarpaulin and
 also widen the product range by manufacturing 255 MTPA of PE Ropes.