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Archidply Industries Ltd. Company History and Annual Growth Details

Our Company was incorporated on September 5, 1995 as ATP Silvi Products
Limited under the Companies Act and was registered with the RoC, Karnataka
at Bangalore. Our Company received the certificate of commencement of
business on July 5, 2005 with manufacturing of plywood and block boards.
The name of Our Company was changed to Archidply Industries Limited and
the RoC, Karnataka at Bangalore issued to us a fresh certificate of incorporation
on March 30, 2007.

Our Company has been promoted by Mr Deen Dayal Daga, Mr Shyam D Daga,
Mr Rajiv D Daga and Assam Timber Products Private Limited. Mr. Deen Dayal
Daga, Chairman and Managing Director of Our Company has more than two
decades of experience in managing wood panel industries. He has been
conferred with several accolades which include a) the 'Udyogapatra Award'
from the Vice President of India in 1982 acknowledging his achievement as a self
made industrialist, b) the 'Swatantra Swarna Jayanti Udyog Vibhushan Award'
from the Union Minister of Commerce in 1999 for his contribution to the economic
development of the country and c) the 'Melvin Jones' fellowship award by Lions Club
recognizing his efforts towards social causes. He was the President of Assam Plywood
Manufacturers Association during in the year 1995-1996.

Assam Timber Products Private Limited (ATPL), incorporated in 1979 under the
Companies Act, and registered with the RoC, Shillong at Meghalaya was also
promoted by Mr Deen Dayal Daga. ATPL was and is engaged in the business of
manufacturing plywood, block board and decorative plywood and has been
marketing its products under trademark and label Archidply nationally through
their dealers and distributors network since 1976.

In 1995, our Individual Promoters acquired The Mysore Chipboards Limited, which
had two manufacturing divisions, namely plywood and block board and particle
and laminated board (the Manufacturing Divisions), located at Mysore. TMCL
had been closed for about 7 years since 1988; however since its acquisition by
our promoters in 1995, the manufacturing activities were successfully revived,
and TMCL commenced manufacture of plywood; which were marketed under
the trademark and label Archidply since 1995. ATPL factory at Assam was shut
down in December 1996 following the Honble Supreme Courts Order directing
closure of all wood based industries located in the States of Assam and
Arunachal Pradesh. However ATPL continued with its trading activity thereafter.

Pursuant to a Deed of Assigment dated July 8, 2000, Assam Timber Products
Private Limited transferred all its proprietary rights in the mark Archidply alongwith
the goodwill of business relating to the goods in respect of which such trademark
was used to TMCL.

Until 2005, ATP Silvi did not carry any manufacturing activities. However, upon
receiving the recommendations of CEC for grant of licence for manufacture of
plywood and particle board; to augment its manufacturing capacities, the manufacturing
division of MCPL was proposed to be transferred to ATP Silvi. Pursuant to the Scheme
of Demerger, as affirmed by the Honble High Court of Karnataka on December 7, 2006
and with effect from April 1, 2005 (Appointed Date), of the Manufacturing Divisions of
The Mysore Chipboards Limited were demerged and merged with ATP Silvi Products Limited.
All assets and liabilities of the Manufacturing Divisions including the mark Archidply were
assigned to Our Company.

Major events in the history of Our Group:

March 1973 - Commenced manufacturing of plywood tea chest and sawn timber in the
firm name and style of M/s Assam Timber Products

October 1976 - M/s Assam Timber Products received certificate of registration as a small
scale industrial unit form from Government of Assam, Directorate of Industries

April 1977 - Mr Deen Dayal Daga entered into a Partnership Deed with Mr Hemchandra
Pandey and Mr Durga Dutt Daga in the firm name and style of M/s Assam Timber Products.

1979 - Commenced manufacturing of plywood

September 1995 - Incorporation of Our Company on September

1995 - Acquired The Mysore Chipboards Limited, a unit which was manufacturing particle
board and plywood at Mysore. This unit was closed for seven years before acquisition.

1997 - Successfully turned around The Mysore Chipboards Limited and started
manufacturing of plywood & block board, plain & pre laminated particle board and decorative
veneers.

2001 - Increase in installed capacity of plywood unit of The Mysore Chipboards Limited in
Mysore from 12,000 CBM to 30,000 CBM.

2003 - Introduced decorative plywood range in our products by importing a variety of
veneers from European, African, American and Asian countries.

April 2005 - the Manufacturing Divisions of The Mysore Chipboards Limited were demerged
and merged with ATP Silvi Products Limited

April 2005 - The High Court of Karnataka at Bangalore approved the Scheme of Demerger
of the Manufacturing Divisions of The Mysore Chipboards Limited and merge with Our
Company wef April 1, 2005.

June 2005 - Central Empowerment Committee recommended the grant of License for
manufacture of plywood and particle board to ATP Silvi at Rudrapur, Uttarakhand
on June 2005

December 2005 - Allotted land admeasuring approximately 48,600 square metres at
Plot No. 7, Sector 9, Pant Nagar Industrial Area, Khasra No. 210, Pool Bagh, Kichha,
Udham Singh Nagar, Uttarakhand to ATP Silvi from SIDCUL and Forest Department
of Uttarakhand issued Forest License on December 5, 2005

2006 - ATP Silvi was further allotted 8000 square metres of land at Plot No. 6A, Sector 9,
Pant Nagar Industrial Area, Khasra No. 210, Pool Bagh, Kichha, Udham Singh Nagar,
Uttarakhand from SIDCUL and commenced production at Rudrapur, Uttarakhand and
started manufacturing plywood, block board and pre laminated particle board at Rudrapur,
Uttarakhand entirely with brand new and modern machineries

2007 - Introduced High pressure decorative laminates for the first time in our product range.

2007 - ATP Silvi Products Limited name changed to Archidply Industries Limited on
March 30, 2007.

2007 - Our Company purchased land at Chintamani, Chikabalapura, Karnataka to set up a new
manufacturing facility.

2007 - Our Company received ISO 9001: 2000 certification for quality management systems to
manufacture and marketing of wood and agro based panel products at Mysore and
manufacture and marketing of wood and agro based panel products and high pressure
laminates at Rudrapur


2009

- Archidply Industries Ltd has informed that Mr. Krishnakant Somani has been appointed as Director (Technical) w.e.f. March 06, 2009.
 
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