Company History - Sky Industries
Sky Industries Limited was incorporated on 18th July, 1989 as Fine
Velvets and Plastofabs Private Limited with Registrar of Companies,
Maharashtra. It was subsequently converted into a Public Limited
Company on 17th March, 1993 by passing special resolution in the
Extra Ordinary General Meeting held on 26th December, 1992. The
Company since its incorporation was analysing the market for setting
up the project and as such was not involved in any commercial
operations till 1993.
The change in the main activity of the Company to manufacture tape
fasteners necessitated a change in name commensurate with the object
to be pursued by the company. Accordingly the name of the company was
changed to Sky Industries Limited by passing special resolution in the
Extra Ordinary General Meeting held on 10th May, 1993 and a fresh
incorporation Certificate consequent on change of name was obtained
pursuant to Section 23 of the Companies Act, 1956 from the Registrar
of Companies, Maharashtra on 20th May, 1993.
-The Company entered into an agreement with a Taiwan based Company,
who are the market leaders in their product, to form a joint venture
(JV) for manufacturing & marketing Ribbons - for Label Printing, in
-The Company recommended 15% Dividend.
-Sky Industries signs agreement with Dyno LLC, USA.
-Sky Industries Ltd has appointed Mr. Vijay Choraria as a Additional
Director of the Company.
-The Company designated email ID for investor grievance et is
-The Company appointed Mr. Shailesh Shah as Managing director of the
-The Company has recommended a dividend of Rs. 0.5 per share.