|The Company was incorporated as a Public Limited Company on 28/02/1986 and obtained of commencement of business on 10.03.1986 from Registrar of Companies, Punjab, H.P.and Chandigarh at Jalandhar. Originally formed as Joint Sector project by Mr.R K Garg alongwith Punjab State Industrial Development Corporation Limited (PSIDC), the project is now being implemented in assisted sector. The immediate object of the Company is to set up a plant to manufacture Acrylic Staple Fibre with a total capacity of 20,000 TPA. The Company has entered into technical collaborations with M/s E T du Pont de Nemours & Co.
2004- Indian Acrylics shares delisted from Delhi & Ahmedabad Stock Exchange