HP ADHESIVES Share price

The Company was originally formed as a partnership firm under the name and style of “M/s. H.P. International” pursuant to a deed of partnership dated January 01 1987 executed by and between late Mr. Haresh Motwani (husband of the Promoter Mrs. Anjana Haresh Motwani) and one Mrs. Seema Abhichandani. The said partnership deed has been amended and restated from time to time pursuant to admission and retirement of partners. the Promoter Mrs. Anjana Haresh Motwani was admitted to the partnership in October 2001. Pursuant to the demise of Mr. Haresh Motwani the Partnership Deed dated July 12 2007 was executed between Mrs. Anjana Haresh Motwani Mr. Karan Haresh Motwaniand Dhanraj Motwani HUF. Dhanraj Motwani HUF has retired as partner of the partnership firm on vide Retirement Deed dated August 8 2009. The partnership firm M/s. HP International was thereafter converted into a private limited company “HP Adhesives Private Limited” on May 07 2019 pursuant to the provisions of Chapter XXI of the Companies Act 2013. Subsequently the Company has been converted into a public limited company and the name of the Company changed to “HP Adhesives Limited” pursuant to a special resolution passed at the Extra-Ordinary General Meeting of theCompany held on June 23 2021 and a fresh Certificate of Incorporation dated July 01 2021 issued by the RoC. The Corporate Identity Number of the Company is U24304MH2019PLC325019.Key events and milestones :1987- Partnership Firm in the name and style of M/s. H.P. International founded by Mr. Haresh Dhanraj Motwani and Mrs. Seema Abhichandani1988- Established manufacturing plant at Andheri East Mumbai2001- Reconstitution of partnership firm M/s. H.P. International with Mr. Haresh Dhanraj Motwani and his wife Mrs. Anjana Haresh Motwani as partners2004- Launch of the brand ‘Strong Weld’- Shifted the manufacturing facility to Village Padghavalli Raigad Maharashtra for manufacturing of PVC solvent cement2007- Mr. Karan Haresh Motwani the Promoter admitted as a Partner to the partnership firm M/s. H.P. International2012- Shifted the manufacturing facility to Village Narangi Raigad Maharashtra2011- Received NSF International Certification for manufacturing solvent cements2018- Commenced manufacturing synthetic rubber adhesives and PVA adhesives2019- Commenced manufacturing of silicone sealants and gasket shellac- Conversion of the business from partnership firm to private limited company- Started trading in Ball Valves PTFE and Masking Tape2021- Conversion of the Company from private limited to public limited company