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Xpro India Ltd. Company History and Annual Growth Details

The Company was incorporated on 16th June,1988. West Bengal Industrial Development Corporation Limited and Birla Eastern Limited entered into joint sector agreement dated 5th Feb. 1988 to implement a project for the manufacture of 2000 tonnes per annum of Biaxcially Oriented Polypropylene at Haldia in West Bengal. Pursuant to this agreement a joint sector company was incorporated on 16th June 1988, as a Public Limited company under the name Biax Packaging Limited and certificate
of commencement of Business was obtained by it on 10th October 1988.

The name of the company was changed to Biax Limited and a Fresh certificate of incorporation consequent upon change of name was obtained on 17th September 1990.

The main object of the company is to set up a new industrial undertaking having a capacity of 3,900 tpa of BOPP Films.

The company has entered into a technical collaboration agreement dated 18th Oct. 1988 and supplementary agreement dated 19th Dec. 1989 valid for a period of 7 years with courtaulds films packaging (Holding) Ltd., U.K. (FPL) Which counters transfer of process know-how and latest State of art technology for manufacture of BOPP Films and Continued support for technical and process upgradation.

2003

-Xpro India enters into development agreement with Hiranandani Construction

-Commercial Production declared at new Thermoforming Unit of Xpro India

2004

-Janardhan Trading Co. Ltd has sold 78000 shares aggregating 0.77% of the share capital of Xpro India Ltd.

-Xpro India recommended a Dividend of Rs 1.50 per Equity Shares of Rs 10/- each

2005

-Xpro India have recommended a dividend of 20%.

2006

-Xpro India has recommended a Dividend of Rs 2.00 per Equity Share of Rs 10/- each

2007

-Xpro India has recommended a Dividend of 15%.

2008

-Commercial production has commenced at the Company's new Thermoforming facility at Ranjangaon, Dist. Pune (Maharashtra)

-Xpro India has recommended a Dividend of 15%

2009

-Xpro India have recommended a dividend of Re 1/- per Equity Share of Rs 10/- each

2010

-The company has recommended a Dividend of Rs. 1.75 per Equity Share of Rs. 10/- each

2011

-Xpro India has incorporated a wholly owned subsidiary in the name and style of XPRO GLOBAL PTE. LTD. in Singapore

2012

-Xpro India has recommended a Dividend of Rs. 2.50 per equity share

2013
-SMERA have assigned a Long-Term rating of "SMERA BBB" and short term rating of "SMERA A2" of the Company with a "Stable" Outlook.

2014
-Environmental Management Systems (for manufacture and thermoforming of co-extruded plastic sheets) at Xpro India Ltd
-Xpro India Ltd has that commercial production has commenced at Companys new and Highly sophisticated BOPP Dielectric (Capacitor) Film Unit.

2016
-Xpro India commercial production has commenced at the CompanyÂs new Cast Film Line at Ranjangaon.

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