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Arrow Textiles Ltd. Company History and Annual Growth Details

Prior to de-merger, Delta Corp Limited (formerly Arrow Webtex Limited) was engaged in various businesses, inter-alia of manufacture of narrow woven fabrics (Textiles Business), Real Estate Consultancy etc. In accordance with the Scheme of Arrangement between Arrow Webtex Limited (now Delta Corp Limited) and Arrow Textiles Limited and their respective Shareholders and Creditors as sanctioned by Honble Bombay High Court dated 22nd August, 2008. Textiles Division of Arrow Webtex Limited was transferred to Arrow Textiles Limited. Arrow Webtex Limited was incorporated on November, 5 1990 under the Companies Act, 1956 under the name Creole Holdings Company Private Limited. Pursuant to it becoming a deemed Public Limited Company, the name was changed to Creole Holdings Company Limited on June 2, 1992. Subsequently, on becoming a Private Limited Company, the name was again changed to Creole Holdings Company Private Limited vide Second Certificate of Incorporation dated October 22, 2003 issued by the Registrar of Companies, Pune. The name was then changed to Creole Holdings Company Limited vide fresh Certificate on change of name dated December 14, 2006. Thereafter, the name was changed to Arrow Webtex Limited vide fresh Certificate of incorporation upon change of name dated May 18, 2007.