Hindustan Tin Works Ltd

Hindustan Tin Works Ltd

Hindustan Tin Works was incorporated Dec.'58 as a private limited company to trade in and manufacture tin metal containers and tin sheets. The company was converted into a public limited company in Dec.'93. The company's product range includes various types of tin/metal containers used in packaging baby foods edible oils paints pure ghee lubricants etc. The market leader in the industry its clientele includes Nestle India Heinz India (P) Ltd Brooke Bond Lipton Dalmia Industries Indian Oil Corporation HPCL Asian Paints etc.As a part of expansion-cum-modernisation it undertook to expand the capacity from 6500 tpa to 16754 tpa by setting up an additional unit at Sahibabad UP. The project was part financed by a public issue in Mar.'95. It also implemented a printing project in 1994-95 to facilitate in-house printing facility to reduce the printing cost. The company acquired a sophisticated plant to manufacture a wide range of cans of different diameters. This plant at Murthal (Sonepat district) Haryana became operational in Mar.'96. During 1997-98 the company issued 27343 equity shares of Rs 10/- each to shareholders of erstwhile Conwel Cans India Ltd in terms of merger as per BIFR order dated 9/12/96.Company has conferred award for export excellence by EEPC also company taking lot of measures to improve the export business.The Company completed its restructuring exercise and has taken measures to upgrade machinery in terms of quality and speed in both the units.