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Vera Synthetic Ltd.

BSE: 535068 Sector: Industrials
NSE: VERA ISIN Code: INE709Z01015
BSE 05:30 | 01 Jan Vera Synthetic Ltd
NSE 05:30 | 01 Jan Vera Synthetic Ltd

Vera Synthetic Ltd. (VERA) - Company History

Vera Synthetic Limited was originally incorporated as a private company with the name Vera Synthetic Private Limited' on February 16 2000. Subsequently the company was converted into public limited company and the name of the Company was changed to Vera Synthetic Limited' on September 25 2017. Sunil Makwana and Nagin Makwana are the promoters of the Company. Sunil Makwana acquired shares pursuant to transfer from Bharatbhai Makwana Gujarat Chemiplasto Limited Narrotambhai Sarvaiya Maganlal Chawda and Rajubhai Parmar. Nagin Makwana acquired shares pursuant to transfer from Larite Industries Limited and Shivuben Makwana.The Company is engaged in manufacturing of Fishing Nets PP Yarns PP/HDPE Ropes PP Twines and Niwar. The Company manufactures and markets the products under its flagship brand 'Sujlon'. The Products are primarily used in fishing sector and other allied use thereon. At present the company caters only to domestic markets. The Company has dealers traders and distributors spread across different regions of the Country thus giving them the advantage of widespread geographical presence. Currently the company sells its products either directly to traders/fishermen or through its distribution network in Gujarat Maharashtra Kerala Karnataka Andhra Pradesh West Bengal Delhi Bihar Rajasthan etc.

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