Polylink Polymers (India) Share price

The Company was promoted on January 8 1993 with the main object of manufacturing/producing/processing all kinds of polymers polymeric compounds required as source materials for cables of all types including power cables XLPE cables and telecommunication cables. The Company obtained certificate of commencement of business on February 5 1993. The Company has filed relevant Industrial Entrepreneurs Memorandum and obtained acknowledgement from Department of Industrial Development vide its letter 1391/SIA/IMO/93 dated May 13 1993.The project is in an advanced stage of implementation status of which has been detailed under "Implementation Schedule". The Company has incurred an expenditure to the extent of As. 1927.78 lacs towards the project as on 30.6.95.MAIN OBJECTS The main objects as set out in the Memorandum of Association of the company are :1) To carry on all or any of the business as manufacturer producer processor purchaser seller importer exporter mixer refiner packet stockist distributor dealer extractor manipulator formulator Commission Agent Sales & Marketing Representative and Organiser of all types of Polymers Polymic Compounds and Copolymers required as source materials for cables of all types including for power cables XLPE cables and Telecommunications Cables and all kinds of source materials ingredients derivates and compounds thereof and any or all kind of products of which any of the foregoing constitute an ingredient or in the production of which any of the foregoing is used and to utilise and waste and by products arising out of any of the foregoing products.2. To carry on the business of consultants and or Advisors in connection with any of the matters referred to herein above.SUBSIDIARY OF THE COMPANY The company has no subsidiary.