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Salguti Industries Ltd. Company History and Annual Growth Details
The Company was incorporated as a private limited Company vide certificate of Incorporation No.5048 of 1984-85 on 20th October, 1984 with the Registrar of Companies, Andhra Pradesh with its registered office at 1-2-288/6/4, Domalguda, Hyderabad - 500 029 Viz, 'M.s Salguti Chemplast (P) Ltd'. Later the Private Limited Company was changed to a public Limited Company on 17th August 1992. The name was subsequently changed to 'M/s Salguti Plastics Ltd' on 8th January 1993. The company set up a HDPE/PP Woven Sack plant with a capacity of 308 MTs per annum and commenced commercial production on 2.4.1987.
The Company does not have any subsidiaries.
The Company is mainly promoted by Mr S Vishnu Vardhan Reddy, Mrs. S Rajita Reddy and Mr S Gopal Reddy.
-Company name has been changed from Salguti Plastics Ltd to Salguti Industries Ltd