Company History - Solid Containers
The Company was incorporated on 21st November,1 964 at Mumbai. The
main objective of the company is to manufacture solid contained
board, fibre board, chip board, particle board, hard board, card
board and all other types of boards. 70 shares taken up by the
signatories to the Memorandum of Association. 1,69,930 shares
subscribed for by promoters, directors. etc.
-10,000 Pref. shares issued to the public on 10th July. Pref. shares
redeemable during 16th July 1980/83.
-Preference dividends amounting to Rs. 6,65,000 were in arrears for
the period from 1st April to 30th June 1983.
-Provision for any liability on account of non-redemption on due date
would be made as and when it arises.
-The 9.5% cumulative redeemable preference shares were due for
redemption on 15th July, but they could not be redeemed on account of
liquidity constraints. Steps were initiated for redemption of these
-Solid Containers Ltd has informed that the Board of Directors of the
Company at its meeting held on April 29, 2008, has approved the
1. Appointment of Mr. Mohender Garg as an Additional Director on the
Board of the Company with immediate effect. Mr. Garg will be a Non
Executive Independent Director on the Board.
2. Appointment of Mr. S K Suri as a Manager of the Company under
section 269 of the Companies Act, 1956.