|The Company was registered as a public limited company on the 30th October, 1987, with the Registrar of Companies, Uttar Pradesh. The Certificate of Commencement of Business was obtained by the Company on the 12th April, 1988. The main objects of the Company are set out in the Memorandum of Association.
The immediate object of the Company is to undertake an expansion scheme by the addition of Nylon Dyeing facility and also by changing its existing product mix, as well as setting up a unit for yarn texturising.
Promoters and Management:
Ganesh Polytex Ltd. has been promoted by Shri V D Khandelwal, and Shri S S Sharma, M.Com.. Shri Sharma is a Textile Technocrat with 25 years' experience in this line, is the Chairman and Managing Director of the Company. He served as Production Manager of M/s. Manjushree Textiles and M/s. Bharat Commerce & India Ltd. from 1965 to 1981. From the year 1981 to 1989, he was the Chief Executive of Ahmedabad Cotton Mfg. Co. Ltd. and M/s Vardhan Syntex, Khamgaon, Maharashtra. Since then he has been associated with Ganesh Polytex Limited. Shri V D Khandelwal, possesses 18 years' experience in the yarn trade, is the Managing Director of M/s. Sandeep Yarns (P) Ltd., which has a turn over of about Rs 20 crores. Shri R K Saxena Director is an Arts Graduate.He has more than 29 years of service experience with different Government and private undertakings. Ganesh Polytex Ltd, is a Board managed company. The day to day affairs of the Company are being looked after by Shri S S Sharma,the Chairman-cum-Managing Director of the Company. He is assisted by a team of qualified and experienced personnel of various disciplines.
-A P Singh ceases to be Director of Ganesh Polytex.