| The Company was incorporated as ?Gujarat Hy-Spin Private Limited? at Gujarat as a private limited company under the provisions of the Companies Act, 1956 and a Certificate of Incorporation dated February 01, 2011 bearing Corporate Identification Number U17110GJ2011PTC063898 issued by Assistant Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently the Company was converted into a Public Limited Company pursuant to Special Resolution passed at the Extra- Ordinary General Meeting of the Company held on June 13, 2016 and the name of the company was changed to ?Gujarat Hy-Spin Limited? A fresh Certificate of Incorporation consequent upon conversion to Public limited company by Registrar of Companies on August 05, 2016. The Corporate Identity Number of the Company is U17110GJ2011PLC063898.
The Company started with trading (including trading of products jobworked) of Cotton Bales, Cotton Seeds and Wash Oil but now engaged in manufacturing of cotton yarns mainly in domestic market and third party exports to some extent. For information on the Company`s profile, activities, market, products, etc., market of each segment, capacity built-up, exports and profits due to foreign operations together with country wise analysis, standing of the Company in comparison with prominent competitors, with reference to its products, management, managerial competence, technology, market, major suppliers and customers, environmental issues, geographical segment, etc.
KEY EVENTS AND MILESTONES
2011
- Incorporation of Company
2013
- Commencement of Commercial Production for yarn manufacturing
2016
- Conversion of Company from Private Limited to Public Limited
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