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National Flask Industries Ltd.

BSE: 531903 Sector: Industrials
NSE: N.A. ISIN Code: INE350B01019
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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National Flask Industries Ltd. (NATLFLASKINDS) - Company History

Originally incorporated as Solvay Moulding Pvt Ltd in Oct.'87, National Flask Industries was converted into a public limited company in Feb.'95. It acquired the present name in Jun.'95. The company was promoted by Jitendra Maganlal Gandhi, Haresh M Gandhi and Bharat M Gandhi. The company manufactures thermoware products like casseroles, jugs, flasks, etc, at its unit in Valsad, Gujarat (inst. cap. : 275 tpa). It undertook an expansion programme in 1995-96 to increase the existing capacity. In Jun.'96, it came out with a public issue to part-finance the expansion programme of setting up an additional unit in Silvassa to manufacture 975 tpa of plastic moulded, house-hold and thermoware articles. The installed capacity was expanded from 5000 MT to 8000 MT,by setting up a unit III at Naroli. The company has acquired land is expecting to start commercial production by last week of February, 2000.