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MLG Industries Ltd.

BSE: 513619 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan MLG Industries Ltd
NSE 05:30 | 01 Jan MLG Industries Ltd

MLG Industries Ltd. (MLGINDUSTRIES) - Company History

BHARAT POLYFEB LIMITED (BPL) was incorporated as a Private Limited Company under the name M/s. Suresh Metal (I) Private Limited with the Registrar of Companies, Delhi & Haryana at New Delhi and subsequently the name of the Company was changed to Bharat Polyfeb Limited and was converted into a Public Limited Company. The Company has set up a unit to manufacture HDPE/PP woven sacks and fabrics in HUDA Industrial Area, Rewari (Haryana) in the year 1986 with an installed capacity of 564 MT p.a. The BPL has been promoted by Shri Manohar Lal Gupta and his three sons who posses vast experience in the plastics & metal industries. The project has been fully implemented within the scheduled time but during the initial years the unit faced teething troubles as of a new unit such as non-availability of critical machinery in time and changes in the Govt policy etc. However, its performance during the previous year has vastly improved. Its propsed Diversification plan for Copper Strips project has been susupended for the time being.