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Gujarat Poly Electronics Ltd. Company History and Annual Growth Details

The present project is being implemented with technical and financial collaboration with AVX Corporation, U.S.A.

Gujarat Poly-AVX Electronics Limited was incorporated on 14th September, 1989 as a private limited company and was converted into a public limited company on 15th November, 1989. The Registered office of the Company has been shifted to B/17-18, Gandhinagar Electronic Estate, Gandhinagar 382 044, Gujarat from Plot No. 18, GIDC Industrial Estate, PCC Area, Baroda 391 346, with effect from 22nd April, 1992 for the sake of administrative convenience as the Company is putting up the plant at Gandhinagar.

The Company was incorporated with an object to manufacture electronic components. The Company has received a letter of intent from Government of India for the manufacture of Multilayer Ceramic Capacitor Chips and Leaded Types - Radial and Axial. For that purpose, the Company has acquired land at Gandhinagar Electronic Estate at Gandhinagar in the State of Gujarat and is scheduled to commence production by December 1992.

PROMOTERS
The Company is promoted by Polychem Limited, AVX Corporation of U.S.A. and Gujarat Industrial and Investment Corporation Limited (GIIC) the associate sector.

Polychem Limited was incorporated in 1955 as a single product company and is a pioneer in the production of Polystyrene in India.

AVX Corporation U.S.A. (AVX) is a wholly owned subsidiary of Kyocera Corporation, Japan. AVX is a well known manufacturer of MLC Capacitors, tantalum capacitors and glass capacitors.

GIIC has been an effective catalyst in Industrial Development in Gujarat. GIIC has promoted nearly 90 projects in various sectors. GIIC will be contributing 8.25% of the equity capital of the Company.

2007

-The Company designated e-mail ID of the grievance redressal division of the Company for the purpose of registering complaints by investors is as follows:[email protected]

2014
-The Company have appointed Mr. Harshad H. Jani as Chief Financial Officer.

2016
- the name of the Company has been changed from "Gujarat Poly-AVX Electronics Limited" to "Gujarat Poly Electronics Limited"
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