| PRESSURE SENSITIVE SYSTEMS (INDIA) LIMITED was originally incorporated as a Pvt. Ltd. Company on 3rd December, 1987, in the state of Maharashtra and subsequently converted into a Public Limited Company by passing a special resolution under Section 31 at the Extra Ordinary General Meeting held on 25th October, 1993, and obtained a certificate for the change of name consequent to the conversion of the Company from Private to Public on 23rd November, 1993 from the Registrar of Companies, Maharashtra, Bombay.
PRESENT BUSINESS
The Company is presently engaged in manufacture of salt adhesive tapes like Nylon cloth Tapes, Rayon Cloth Tapes. aingle sided cotton cloth Tapes, Double sided cotton cloth Tapes and Fibre glass cloth Tapes with a Installed Capacity of 3,00,000 sq. mts. per annum at its factory site at Plot No.6, Village Pimpleqaon, Taluka Pen, Dist. Raigad, Maharashtra. Till August 1991 since its incorporation, the Company was in the process of tying-up the necessary infrastructural facilities, term loan, and project was under implementation. Hence no operations were carried out.
Though the company started commercial production in August 1991 for the purpose of getting feedback response about \ the acceptability of the product from market, the full fledged production was started only in october 1992. The Company was sanctioned a Term Loan aggregating to Rs. 47.40 Lakhs by M/s. Masarashtra State Financial Corporation and it has been enjoying working capital facilities of about Rs. 22.50 Lakhs from Indian Bank, Matunga, Bombay for the present unit.
SUBSIDIARY OFThE COMPANY
The Company does not have any subsidiary.
2008
-E-mail ID for Investors Complaints:vbangera@pssindialtd.com.
2013
-The Company has considered to shift registered office of the Company from 1st Floor, Neelkanth Shopping Centre, Corner Cama Lane, M. G. Road, Ghatkopar (E), Mumbai - 400086, Maharashtra, INDIA to 41, Ground Floor, Balaji Tower, Shree Shantiniketan, Sector 30A, Opp. Sanpada Railway Station, Vashi (W), Navi Mumbai - 400705, Maharashtra, INDIA..
2022
-The Company has splits its face value from Rs. 10/- to Rs. 1/-.
2023
-Company Global Markets Insights IT Services LLC received a purchase order from IBM (UK) for supply of United Arab Emirates Corporate Data and Analytics.
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