Rotographics (India) Share price

M/s. Rotographics (India) Ltd. was originally incorporatedas a Private Limited Company in January 1976 by S/SriPratap Burmart G.P. Jhaveri Smt. Chanchala Burman andSmt. S.B. Jhaveri. The company has been converted intoPublic Limited Company wet. 19.12.9 . Smt. ChanchalaBurman and Smt. S.B. Jhaveri have since resigned from theBoard. In 1978 Mr. Rajiv Burman also joined the company asa Director. The company initially setup its unit forprinting of paper and manufacturing of Glued paper bagsby installing 2 colour Rotogravure Printing Machine andC.L. Bag making machine at 17 Najafgarh Road Indus-trial Area New Delhi-15 in a rented premises.Subsequently in 1979 the company also acquired the Waxingand Slitting machines in order to cater to the demand ofBread and soap industries.In 1980 the company acquired the industrial plot of about1 acre at NOIDA and shifted part of its facilities to NOIDAand also bought colour printing machine and other assets byavailing a term loan of Rs.12.75 lakhs from UPFC for thisunit. This loan of UPFC has already been repaid in full.The company by this time became a regular printer andsupplier of Cork Tipping Papers for the Cigarettemanufacturing companies. With the advancement oftechnology and influx of several units in the printingbusiness paper printing activity became very competitiveand profit margins started declining. This forced thecompany to enter the area of laminated flexible packagingindustry.The company again acquired 4 & 6 colour rotogravureprinting machines with further term loan assistance fromUPFC in 1988. Subsequently the company acquired onemore 6 colour printing machine and converted the same into7 colour printing machine. The present stalled capacity ofboth the units of the company (at New Delhi and Noida) isto manufacture 550 MT/annum of Flexible Packaging Material.The company has revalued its assets (land building & plantand Machinery) during the year 1991-92 and 1993-94 whichhas resulted in total Revaluation Reserves of Rs.112.23lakhs out of which Rs.43.00 Lakhs have been capitalised forissue of bonus shares as on 31.3.1994.MAIN OBJECTS OF THE COMPANYTo carry on the business of printing duplicating sellingexporting importing and dealing paper wrappers foilspolypapers cellophane ink colour and dyes.