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Tulsi Extrusions Ltd. Company History and Annual Growth Details

Our Company was incorporated as a private limited
company in the name of "Tulsi Extrusions Private
Limited" on September 16, 1994. In the year 1995,
Tulsi Extrusions Private Limited was converted in
to a public limited company with effect from
June 5, 1995 under the name of "Tulsi Extrusions Limited".

In the fiscal year 1994-95, we initiated setting up
of our first manufacturing unit at Jalgaon. The unit
commenced commercial production in the fiscal year
1995-96 for manufacture of various types of PVC pipes
and fabricated fittings.Our Company purchased its
first machinery in the fiscal year 1995-96 with an
installed capacity of 1,440 metric tonnes.Subsequently
in the fiscal year 1996-97, machinery was purchased and
the installed capacity increased to 3,000 metric tonnes.
In the fiscal year 2005-06, our Company had taken over
the specified assets and liabilities of M/s. Tulsi Pipe
Industries (a partnership firm) with an objective to
consolidate our business operations. With the takeover,
our total installed capacity increased to 6,000 metric tonnes.
In the fiscal year 2006-07, additional machinery was
added for ASTM plumbing pipes which broadened our
product portfolio. Further, we have also procured
one elastomeric sealing machine alongwith mandrels
enabling us to manufacture elastomeric sealing pipes.
During the said year, considering the growing demand
of PVC pipes and further consolidate our business
operations, our Company had decided to takeover the
specified assets and liabilities of Gopal Extrusions
Private Limited and Narvada Industries (proprietary
concern of the Promoter, Mr. Pradip Mundhra) located
at MIDC, Jalgaon, Maharashtra. By virtue of this takeover,
the total installed capacity as on March 31, 2007 is now
10,483 metric tonnes for PVC pipes & fabricated fittings.
The manufacturing facilities taken over from Gopal Extrusions
Private Limited and Narvada Industries were competent
to manufacture LLDPE pipes, HDPE pipes and PVC
fabricated fittings

Pursuant to take-over of M/s. Tulsi Pipe Industries,
Narvada Industries and Gopal Extrusions Private Limited,
our Company's manufacturing facilities
are being operated at three different locations in MIDC,
Jalgaon, Maharashtra.

On December 6, 1995 Unit I of our Company was registered
as a Small Scale Industrial unit with Directorate of Industries,
Government of Maharashtra, since our investment in plant
& machinery did not exceeded the specified limit.
Our Company's Small Scale Industrial Unit status will
change after the proposed investment in plant & machinery,
above Rs. 500 lakhs. Our Company will become a medium scale
industrial unit after the proposed investment. However,
our Company does not currently manufacture any items
exclusively reserved for the small scale sector.

We presently manufacture Rigid PVC pipes, HDPE pipes,
SWR pipes and fittings, PVC casing and screen pipes,
ASTM plumbing pipes, LLDPE pipes, elastomeric sealing
pipes and fabricated fittings for multiple uses under
the brand name 'Tulsi'. The marketing activities of
our Company are spread over the States of Maharashtra,
Madhya Pradesh,Chattishgarh, West Bengal and Rajasthan.
Initially the pipes were used for agricultural purposes
but now it has been extended to various sectors such as
potable water supply schemes, sewerage and drainage systems.
Our Quality management systems are accredited
with ISO 9001:2000 certification. Our quality control
laboratory is equipped with range of testing facilities.

MAJOR EVENTS OF OUR COMPANY

Period Event

September 1994 Incorporation of Tulsi Extrusions
Private Limited

September 1995 Commenced setting up of manufacturing facility
at Jalgaon,Maharashtra

June 1995 Conversion of Tulsi Extrusions Private Limited
into Tulsi Extrusions Limited, a public limited
company

October 1995 Start of commercial production of PVC pipes
and fittings

July1996 Obtained ISI License for PVC pipes

May 2002 Received ISO 9001:2000 for our Quality Management
Systems

December 2005 Takeover of the specified assets &
liabilities of M/s.Tulsi Pipe Industries

January 2007 Takeover of the specified assets & liabilities
of Narvada Industries

January 2007 Takeover of the specified assets & liabilities
of Gopal Extrusions Private Limite

2008

-Board recommends dividend of 10%.

- E-mail ID for Investor''''s Complaints:[email protected]


2011

-Tulsi Extrusions has given the Bonus in the Ratio of 1:10

2013

-Tulsi Extrusions Ltd has Appointment of Mr. Vivek M. Pingle as an Independent director of Company

2016

-"Bagging of Order Rs. 300 Millions to Sardar Sarovar Narmada Nigam Limited.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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