BARFLEX POLYFILMS Share price

Our Company was originally incorporated as ‘Hitkari Polyfilms Private Limited’ under the provisions of the Companies Act 1956 with the Registrar of Companies NCT of Delhi & Haryana on January 24 2005. Subsequently the name of our Company changed from ‘Hitkari Polyfilms Private Limited’ to ‘Barflex Polyfilms Private Limited’ on June 30 2005 as a private limited company under the Companies Act 1956 with the Registrar of Companies Delhi and Haryana. Pursuant to Special Resolution of our Shareholders passed in the Extraordinary General Meeting held on December 26 2023 our Company was converted from a private limited company to a public limited company and consequently the name of our Company was changed to ‘Barflex Polyfilms Limited’ and a fresh certificate of incorporation dated February 22 2024 was issued to our Company by the Ministry of Corporate Affairs Central Registration Centre. The Corporate Identification Number of our Company is U25209DL2005PLC132346.Major Events:2005 & 2006- Incorporated as ‘Hitkari Polyfilms Private Limited’ on January 24 2005 having CIN U25209DL2005PTC132346.- Change in name from ‘Hitkari Polyfilms Private Limited’ to ‘Barflex Polyfilms Private Limited’ on June 30 2005 consequent to order received from High Court New Delhi dated May 31 2005 informing that M/s Hitkari Potteries Limited has received stay order from High Court preventing our Company from using ‘HITKARI’ as a prefix or suffix in conjunction with another word.- Commenced commercial production of co-extruded multilayer plastic film with effect from October 03 2005 and pouches made of co-extruded multilayer plastic film with effect from November 26 2005 at our Unit -I with installed capacity of 2400 MT per annum2008 & 2009- Commenced commercial production of PVC shrink sleeves with effect from April 24 2008 at our Unit -II with installed capacity of 950 MT per annum. - Commenced commercial production of PVC stretch and plastic films and pouches with effect from October 22 2008 at our Unit -III with installed capacity of 865 MT per annum.2010- Entered into share subscription cum shareholders agreement with AA Development Capital India Fund 1 LLC (Investor) on December 06 2010 for initial investment amount of ? 3500 lakhs and allotted 9457000 Equity Shares of the Company aggregating to 41.67% stake in our Company.- Set up a plant at C-44 Noida Phase-II (Uttar Pradesh) to manufacture flexible packaging products2011 & 2012- Revised the capacity of Unit-II with additional products manufacturing:(a) Pouches with effect from December 15 2011; and(b) Plastic film with effect from March 31 2012; and(c) Laminates with effect from April 5 2012thus revising the total capacity of Unit-II to 3000 MT per annum.2017- Our Company entered into One Time Settlement (OTS) with lender State Bank of India.- Registered the trademark of Company known by ‘BARFLEX’ in class 17 for ‘plastic films sheets pouches and laminates’ on January 15 2017 which is valid upto September 15 2030.2018- Proceedings initiated against the Promoters of our Company which was settled between the parties through settlement deed dated July 24 2018.2021- Procured ISO certification 9001:2015 dated May 24 2021 for manufacturing and supply of co-extruded multi-layer plastic films laminates pouches and PVC sleeves in the name of “Barflex Polyfilms Private Limited”.2022- Procured ISO certification 22000:2018 dated September 13 2022 for manufacturing and supply of co-extruded multi-layer plastic films laminates pouches and PVC sleeves (in category-I) in the name of “Barflex Polyfilms Private Limited”.2024- Registered our Company’s trade logo 'EF' in class 17 for ‘plastic films sheets pouches and laminates’ vide trade mark number 6262356 dated July 6 2024 which is valid upto January 15 2034.- Conversion of private limited company into public limited company in the name and style of “Barflex Polyfilms Limited” and received new Certificate of Incorporation dated February 22 2024 having CIN U25209DL2005PLC132346.- Closure of our corporate office located at UGF A-1 Sector 10 Noida-201301 on account of administrative convenience.