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Pretto Leather Industries Ltd. Company History and Annual Growth Details
YEAR EVENTS 1992 - Pretto Leather Industries Ltd. (PLIL) is a new company incorporated on 30th June, with the Registrar Of Companies, Delhi & Haryana, Delhi. It obtained a certificate of commencement of business of 6th August.
- The Company has been promoted by Shri P. K. Saxena and his associates proposes to set up a modern leather shoe and garment factory at Bareilly.
1994 - The Company then entered into a Lease Agreement for 9020 sqmt of land with UPSIDC on 1st February.
- The Company is setting up an export oriented unit for manufacture of leather shoes, leather garments and asscessories in Parsakhera, Dist. Bareilly Uttar Pradesh with an installed capacity of 6 lakh pieces of leather shoes and one lakh pieces of leather garments and accessories.
- The Company has entered into a MOU with M/s Dei-Dogi for export of 75% of the production of shoes and 100% of the production of garments for a period of 5 years.
1995 - During the year the company came outwith a Public Issue which was oversubscribed about 5 times. The company has made allotment of shares in consultation with Delhi Stock Association Limited.