Company History - Hindustan Adhesives
The Company was promoted on 5.4.1988 by Shri L K Bagla and M.S Bagla
for setting up of facilities for manufacture of Bi-Axially oriented
Polypropylene Self-Adhesive Tapes (Original Installed capacity: 10
million sq.metrs.) at Ghaziabad, U.P. and obtained certificate of
commencement of business on 8.6.1988. The unit went into commercial
production on schedule in october, 1989. The project cost was partly
financed by term loans from PICUP and from UPFC.
In 1991, the company enhanced its installed capacity from 10 million
sq.mtrs to 19 million sq. mtrs again with the assistance from PICUP
In 1992, the company went for major modernisation-cum-expansion
envisaging installation of imported Hot Melt Coating machine based on
state-of-the art technology besides addition to the existing capacity
by 33 million sq.mtrs. As a result, it became one of the largest
manufacturer of BOPP self-adhesive tapes with the total installed
capacity of 52 million sq. mtrs. In July, 1993, the company imported
two machines for reduction in wastage under Equipment Finance Scheme
of PICUP. The company has implemented all its schemes in time.
During 1992-93, the company ventured into export market for the first
time and achieved a modest turnover of Rs.13 lakhs during the year.
During the 9-month period ended December 31, 1993, the company has
exported goods worth over Rs.20 lakhs and has confirmed export orders
to the tune of Rs.20 lakhs to be executed before March 31, 1994. In
addition, the company has MOU for export of Rs.180 lakhs to Gulf
countries in next financial year. The quality of the company's
product meet international standards.
Recently, the company has launched a new brand of adhesive tapes in
the name of BOSS
The Company does not have any subsidiary
The Company's Board comprises 6 Directors with Shri L K Bagla as
Chairman and his son M S Bagla as Managing Director. Besides Smt.
Anju Bagla and Shri Amal Bose are other directors representing
-Hindustan Adhesives Ltd has designated E-mail ID for Investors
Complaints - firstname.lastname@example.org