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YEAR EVENTS
1985 - The Company was incorporated on 6th November, under the name and style
of "Western Leasing Limited."
1987 - The Company carried on its leasing activities till mid of the year, subsequent to
which it changed its line of business and concentrated in setting up facilities for its
new project which was for the manufacture of HDPE Pipes and HDPE/PP Tanks
and Vessels.
- The name of the Company was changed to "M/s Kunststoffe Industries Limited"
and it received its Certificate of Change of Name on 20th August.
- The Company for the successful completion of its project entered into a collaboration
agreement with M/s Troisdorfer Bau and Kunststoffe Gmbh (BAUKU) of West
Germany for the production of pipes with the spirally wound profile wall pipe
technology.
1992 - The company has entered into a technical collaboration with BAUKU of
Germany and towards technology absoprtion of germany has deputed their
engineers for training at the collaborator's plant.
1994 - The Rights issue made by the company was fully subscribed. 3,950,000 No. of
equity shares of Rs. 10/- each at a premium of Rs. 5/- per share aggregating to
Rs. 5.92 crores on Rights basis have been allotted.
1995 - Mr. K.G. Underkat, Mr. C.H. Kampani and Dr. B.V. Bhoota retires
- During the year Mr. V.G. Rajadhyaksha, who was the Chairman of the Company
since inception resigned from the Board due to pre-occupation.
- Mr. Manual Menezes and Mr. Rashid Kalania also resigned from the Board and
the Directors place on record their appreciation of the service rendered by them
during their tenure of office.
1996 - Mr. Y. J. Shabbir retire by rotation and being eligible offer themselves for
re-appointment.
- During the year Mr. Pravin Sheth who was the Chairman of the Company resigned
from the Board due to pre-occupation.
- Ms. Vilina P. Sheth, Dr. B. V. Bhoota and Mr. Kantilal G. Underkat also resigned
from the Board and the Directors.
1997 - Mr. H.K. Vithalani and Mr. Marcus Hawercamp retire by rotation and being eligible
are recommended for reappointment.
2000 - The name of the R&T agent of the company has been changed from
Hamco Share Reg. Pvt. Ltd. to Sharex (India) Pvt. Ltd.
2008
-Company has created email id kunststoffe@vsnl.net
2011
-Registered Office of the Company has been shifted From C/O P. Sheth & Co., (Chartered Accountants) 17, Parekh Vora Chambers, 66 Nagindas Master Road, Fort, Mumbai-400 023 To Kiran Building, 128, Bhaudaji Road, Matunga, Mumbai - 400019.
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