|Everlon Synthetics Limited was incorporated as a Private Limited Company
on 26th July 1989 and was subsequently converted into a Public Limited Company on May 21, 1992.
It is an existing profit making, dividend paying Company, having facilities for the manufacture of 630 tonnes per annum of 80 Denier Texturised Yarn out of Partially Oriented Yarn (POY) at its plant at Mota Pondha, Gujarat. The Company now proposes to expand its capacity by 1306 tonnes per annum on 150 Denier basis of Rotoset Polyester Yarn and Warped Yarn and to upgrade its production facilities so as to produce value added Polyester Texturised Yarn.
During 1996-97, the company installed one more draw texturising machine of 216 spindles.
2002-Everlon Synthetics Ltd has informed BSE that Mr Atul B Desai has resigned as a Director of the company and Board of Directors at their meeting held on May 28, 2002 have accepted his resignation.