|Incorporated as Double "A" twisters Pvt Ltd on November 10,1987under the Companies Act,1956 and converted into a Public Ltd Co with the changed name of Double "A" Petro Products Ltd on Nov.22,1989;the Company has subsequently changed its name to Olympia Industries Ltd on Feb.24,1993.
The Company implemented its first project in 1987 at Palghar Dist Thane for Doubling and Twisting of yarn for manufacturing high quality fancy fabric keeping in view the developments in Manmade Fabric Industries ,the promoters decided to step into yarn dyeing activities, which took shape through setting up the second unit at Kim,near Surat city in Gujarat in the year 1991,for dyeing and twisting of polyester yarn with a capacity of 624 TPA.The Company has achieved the targeted results in both the Units.
2002-D C Gami resigns from Directorship of Olympia Industries.
--Registered Office of the Company has been shifted from 135, New Sonal Link Industrial Estate, Bldg. No. 2, New Link Road, Malad (West), Mumbai - 400064 to C/205, Synthofine Industrial Estate, Behind Virwani Industrial Estate,Goregaon (East), Mumbai - 400063.