Aadi Industries Ltd is an India-based company. The company is engaged in the manufacture and sale of tarpaulins and plastic bags in India. Their manufacturing plant is located at Silvassa, India.
Aadi Industries Ltd was incorporated on April 21, 1994 with the name JRC Finvest Ltd. In the year 1998, the name of the company was changed to JRC Industries Ltd. Initially, the company's principal activity was to provide financial services. They provided bill discounting, investments, trading in shares, lending and investment services in real estates.
During the year 2007-08, Rushabh Shah took over the promoters' shareholding and management of the company from the erstwhile promoters. Also, they altered the objects of the Memorandum and Articles of Association of the company. They diversified their business into trading of electrical goods.
In April 09, 2008, the company changed their name from JRC Industries Ltd to Aadi Industries Ltd.
During the year 2008-09, the company commenced their operations in plastic products initially by sourcing their requirements from other manufacturers. In March 2009, the company took the trial run for manufacturing plastic bags and tarpaulins at Silvassa.
During the year 2009-10, the company's project of manufacturing 4800 MT of Shopping/ Plastic Bags and 7200 MT of Tarpaulins/ Wagon Cover at Silvassa was completed and commenced commercial operations.