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Arvind International Ltd. Company History and Annual Growth Details

The Company was incorporated on 10th May 1991 with the Registrar of Companies, West Bengal at Calcutta under the name and style of Arvind International Private Limited. It wcs converted into a Public Limited Company by a special resolution possed by the Company and a fresh Cerificate of Incorporation dated 10th August, 1994 was obtained from the Registrar of Companies, West Bengal. At Calcutta.

The Company till recently was involved in the business of trading of Chemicals and trading and investment in shores and securities. The Company now proposes to discontinue the said activities and the previous investments are being liquidated for investment in the project to manufacture Polyurethane foam with an installed capacity of 2400 MT per annum near Jaipur in the state of Rajasthan.

To part finance the project, the company expects to realise Rs. 56 lacs(approx) from the liquidation of existing investments and out of this Rs.55.69 lacs are being reinvested in the new project.

2. MAIN OBJECTS OF THE COMPANY

The Main objects of the Company, as set out in its Memorandum, are given as below:

i) To carry on the business of Distiller, Refiners, importers, Exporters, Buyers, sellers, Suppliers, Stockist, Agents, Merchants, Distributors of and Dealers in all kinds of Chemicals,including plastclzers, Acid slurry, Resins, Lacquers, Thinners organic and inorganic Fine and Heavy Chemicals such as sulphates, Nitrates, chlorides, paints, varnishes, printing inks, stearates, Elastomers, ptholates, anhydrides, hydrates acid, alkalies, their salts, alums polysters, polycarbonate polysters, epoxy resins pesticides, agricultural 14 Chemicals, colouring materials,such as - pigments, dyes, finishes, insecticides, fumicides, weedicides, surface active agents, Tanning agents, coatin resins drugs, pharmaceuticals Chemlcals marine chemicals fertilizers, gums, adhesives, waxes shellac products glycerine, fatty acids, Dimer acids polyamines and intermediaries Rubbbr Chemical reagents.

2. To Carry on business of Distiller, Retiners, Importers, Exporters, Buyers, Sellers, suppliers, Stokists, Brokers and Commission agents, Merchant distributors of and dealers in and all kinds of Minerals, Metals, Ferrous and non ferrous metals, oils and Lubricants, petroleum products, drugs, medicines, Pharmaeuticals, Plastic and rubber products, Synthetics products, photographic goods and apparatus Forest products,
Pal5er and packing materials and In all kinds of machinery, raw materials and stores required in connection there with.

3. To Carry on business of buyers, sellers, suppliers, traders, importes, exporters, indentors, brokers, agents, assemblers, packers, stockist, DistrIbLitors and dealers of and in all kinds of Agricultural produccers, Food articles, by, products, consumer goods, household goods, hard ware and stores, plant and machineries, stores and spare parts and Accessories, General merchandise, Zinc and alloys, Scraps, Industrial and other gases, Alcohol, wines and beverages, edible and non edible oils and fats, Commercial and Natural man made fibres, textiles of all kinds, all types of yarn, cosmetic goods, cements, steel, vehicle parts, cycle and cycle parts, automobiles parts, machine parts, Industrial components and accessories, electronic parts, and devices, watches, novelties, bullion, precious stones, work of art, antique, curios, Jewelleries and ornaments and in all kinds of machinery, accessories and other things required in connection there with.

At the Annual General Meeting held on 9th September, 1994, the shareholders of the Company have passed a Special Resolution u/s 149(2A) of the Companies Acf, 1956 for commencement of all or any of the business in sub-clause I of other object clause (C) of the Memorandum of Association of the Company particularly the business as manufacturers, formulators, processors producers, growers, fermentators, distillers, refiners makers, importers. exporters, buyers, sellers suppliers, stockinvest, agents, merchants, distributors and concessionaires of, and dealers in poly urethane foam.

3. CURRENT BUSINESS

The Company is currently engaged in the business of trading in Chemlcals and in shares & securities. It now proposes to discontinue the said business and put up a plant for manufacture of Poly Urethane Foam.

2011
-Arvind International Ltd Issues Rights in the Ratio of 6:5

2012
-The Company has approved Scheme of Amalgamation with Arvind Coirfoam Pvt Ltd, one of the group companies shall amalgamated with the Company as per the provisions of the Companies Act, 1956.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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