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ISIN No
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INE423D01010
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BSE Code / NSE Code
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526703 / ECOPLAST
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Book Value (Rs.)
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356.01
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Face Value
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10.00
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Bookclosure
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16/08/2024
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52Week High
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540
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EPS
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34.78
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P/E
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13.47
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Market Cap.
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161.81 Cr.
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52Week Low
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370
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P/BV / Div Yield (%)
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1.32 / 0.00
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| The Company was incorporated on 7th May, 1981 as Ecoplast Private Ltd. The name of the Company was changed to Ecoplast Limited on 18th June, 1994, for which a fresh Certificate of Incorporation was issued by the Registrar of Companies, Gujarat on 11th July, 1994.
The Company-commenced its commercial operation in Sept. 1982, with a plant of annual capacity of 54OMT. The Company was initially registered as an SSI Unit.The Company expanded its capacity in 1986 to 1400 MT/year and was registered as a DGTD Unit. Subsequently the capacity was increased to 2000 MT/year. The two Co-extrusion lines were supplied by Paul Kiefel, GmbH, W.Germany, a well-known supplier world- wide of film Co-extrusion equipment.
Over the decade, the Company has been setting standards on quality and innovating on multilayer film structures to provide the required film properties critical to pack, preserve and display a wide range of products.
Present Activities
Ecoplast Ltd. is in the business of manufacturing and selling plastic films for flexible packaging and other speciality applications. The films currently manufactured are known as multilayer films produced by the blown film Co-extrusion process. Multilayer films are a combination of two or more thermoplastics co-extruded to form one homogenous film, but with distinct individual layers. Multilayer films, depending on their structure, can provide a range of properties not possible with monolayer films. The selection and composition of the multilayer film is determined by the character of the product to be packed, its sensitivity to the environment, the optimum shelf life, the machinery or method of packaging, transportation and channel of merchandising.
The Company is a leading supplier of multilayer films to the Indian flexible packaging industry. The Company also provides technical advise and service to make its customers' products successful in the market place. (*Source : Organisation of Plastic Processors of India vide their letter dated 29/07/1994).
2003
-Board approved Delisting of Equity shares of the company from the Stock Exchange at Ahmedabad.
2005
-Ecoplast has recommended a dividend of 15%
2007
-"Surface Protection Film Project" has been successfully commissioned and commercial production have started from September 22, 2007.
2008
-The company has designated E-mail ID for Investor Complaints: brtarafdar@ecoplastindia.com.
2012
-The company has recommended Dividend of @ 12%
2013
-Ecoplast has recommended Dividend of @ 12% on the paid up equity capital of the Company.
2014 -Ecoplast has recommended Dividend of @ 12% on the paid up equity capital of the Company.
2015 -Ecoplast Ltd received the Best Exporter award from the Plastic Export Promotion Council of India.
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