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GRP Ltd. Company History and Annual Growth Details

1974 - Gujarat Reclaim & Rubber Products Ltd. was incorporated in 1974 and started production with capacity of only 2400 MT.

- The company commenced production at Ankleshwar.

1984 - The company got its first export order.

1989 - The company had a joint venture in Malaysia.

1993 - The company commenced manufacture of surface treated crumb from Tyre crumb & NBR crumb.

1999 - Exports of the company cross 10 countries and commenced production of EPDM reclaim.

2001 - Ankleshwar plant receives ISO 9002 certification and exports cross 20 countries.

2002 - Solapur plant receives ISO 9001 certification.

2004 - Gujarat Reclaim and Rubber Products was ranked 16th in Industry 2.0's third annual top 100 listing of small business in India. The listing covers the companies who have turnovers of up to Rs. 50 crore.

- Government of India confers 'Export House' status for the company and it receives single ISO 9001 certification for both plants.

2005 - Company had planned to spend about USD 4.5 million to build two plants and expand its annual rubber recycling capacity by almost 10000

2006 - It was the first company in the reclaimed rubber industry to implement mySAP when Patni Computer Systems Ltd. had successfully implemented mySAP ERP solution at the company in November 2006.

2007 - Exports cross 35 countries.

2008

-Gujarat Reclaim & Rubber Products Ltd has recommended a dividend of 135% (including interim dividend of 50% paid ) on equity shares

2009

-Gujarat Reclaim & Rubber Products Ltd has recommended a dividend of 175% (including interim dividend of 50% paid ) on equity shares

2010

-Rajeev M. Pandia has been appointed as Additional Director of the Company

-Gujarat Reclaim & Rubber Products Ltd has recommended a dividend of Rs. 20/- per share (including Interim Dividend of Rs. 5/- per share paid)

2011

-Gujarat Reclaim & Rubber Products Ltd has recommended a dividend of Rs. 23/- per share (including interim dividend Rs. 7/- per share paid

2012

-Gujarat Reclaim & Rubber Products Ltd has recommended a dividend of Rs. 33/- per share (including interim dividend Rs. 7/- per share paid & proposed Final Dividend of Rs.16/- per share and special dividend of Rs. 10/- per share) on equity shares

-Company has changed its name from Gujarat Reclaim & Rubber Products Ltd. to GRP Ltd.

2013
- GRP Ltd has recommended a dividend of Rs. 15/- per equity share.

2015
-GRP Ltd. has Department of Scientific and Industrial Research (DSIR) for the Research and Development units of the Company at Panoli.
-GRP Ltd. has joint venture agreement with Marangoni S.p.a., Italy.

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