Pyramid Technoplast Ltd. Company History and Annual Growth Details

The Company was originally incorporated as ‘Pyramid Technoplast Private Limited’ a private limited company under the Companies Act, 1956 at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated December 30, 1997 issued by the Registrar of Companies, Maharashtra at Mumbai (“RoC”). Subsequently, the name of the Company was changed to ‘Pyramid Technoplast Limited’ upon conversion into public company, pursuant to shareholder’s resolution dated February 10, 2023. and a fresh certificate of incorporation consequent to conversion was issued on March 29, 2023 by the Registrar of Companies, Mumbai. The Company’s Corporate Identity Number is U28129MH1997PLC112723.

Major events and milestones :

1997

- Incorporation of the Company

1998

- Commencement of production of Polymer Drums at Silvassa, UT of Dadra and Nagar Haveli

2003

- Acquired majority of shareholding in the Company by the Promoters and Promoter Group

2011

- Expansion of production of Polymer Drums at Silvassa, UT of Dadra and Nagar Haveli

2013

- Expansion of production of Polymer Drums at Bharuch, Gujarat

2014

- Achieved Turnover of Rs.10,000 Lakhs

2016

- Commencement of production of IBC at Bharuch, Gujarat

- Receipt of design registration for the product, Intermediate Bulk Container (IBC) from the Controller General of Patents, Designs and Trade Marks.

2018

- Expansion of production of Polymer Drums at Bharuch, Gujarat

2019

- Commencement of production of MS Drums at Bharuch, Gujarat Achieved Turnover of Rs. 20,000 Lakhs

2021

- Acquired land and started construction at GIDC Vilayat Industrial Estate for expansion of IBC manufacturing operations.

2022

- Achieved Turnover of Rs. 40,000 Lakhs

2023

- Conversion of the Company from private limited to public limited

- Obtained provisional consent to establish from Gujarat pollution control Board for setting up of Unit VII