|Orbit Exports Limited was originally incorporated in the State of Maharashtra on 16th September, 1983 in the name and style of Orbit Exports Private Limited. It was subsequently changed to a Public Limited Company under section 31/44 of the companies Act 1956 and the Company obtained fresh certificate of Incorporation dated 30th September, 1994 confirming the conversion of the Company from private limited to public limited Company.
The Registered office of the company is located at Divya Darshan, Ground Floor, 32, 2nd, Fofalwadi, Bhuleshwar, Kalbadevi Road, Bombay 400002.
The Company is engaged in the manufacture and trading of Jacquard fabrics and Velour de Lyons (Fine Velvets) which are used for dress material, drapery & trimmings. The Company first set up a sophisticated plant in 1986 with Italian Vamatex Looms and Staubil jacquards to make
fancy jacquard fabrics. After the tremendous success of this unit a second unit was set up in 1993-94 with Japanese Looms and French and Wast German equipment to manufacture 'Velour de Lyons' (Fine Velvets). The Company's range of products is augmented by sourcing complimentary
cheaper fabrics on a job work basis. The Company is the sole buying agent for woven and knitted menswear and leather garments for M/s. Casket Plc a GBP 100 Million turnover leading garment importer in U.K. The Company also acts as buying agents and exporters to Savile Row
trading Co., Hawkshead and Mc Bride Fashions in U.K. The company is in the process of expanding its activity in North America Australia & Europe.
-The company has issued rights in the ratio of 1:1 at a premium of Rs.0/- Per Share.