FGP Ltd
NSE: FGPIND BSE: 500142
₹8.31
-0.37 (4.26%)
Fri, 30 Oct 2026, 01:16 pm
Market Cap (in Cr)0
PE Ratio0
Dividend0
Finance
Real Estate Development
24.5KFGP Ltd Company History
1962
- The company was Incorporated on 27th June.
1964
- 99,993 shares issued: 6,00,000 to foreign collaborators, 48,000 to Indian promoters, 31,993 to directors, and 5,20,000 to the public.
1966
- 4,775 No. of Equity shares forfeited.
1967
- 2,800 No. of Equity shares reissued.
1969
- 4,00,000 Right shares offered at par in prop. 1:3.
- Balance 1,61,734 shares issued to Fibreglass, Ltd., U.K.
1977
- 90,000 shares issued to ICICI in conversion of loans.
1978
- 37,998 shares issued to ICICI at a prem. of Rs.9 per share.
1979
- 8,63,999 bonus shares allotted in May, in prop. 1:2.
1980
- The Company undertook a major modernisation and replacement programme of its glass wool plant at Thane in Mumbai.
1981
- The company issued 1,68,380 - 13.5% convertible debentures of Rs. 156 each for cash at par.
- 6,73,520 shares issued in conversion of debentures.
1982
- The name of the company was changed from Fibreglass Pilkington Ltd., to FGP Ltd., from mid-April.
- 6,73,520 shares issued in conversion of debentures.
1987
- The Company installed and commissioned plants for manufacturing Rigid Preformed Sections for pipe insulation, treatment of effluents and recycling of waste fibre.
- 16,32,758 bonus shares issued in prop. 1:2.
1988
- The Company signed a collaboration agreement with M/s. Owens-Corning Fiberglass, U.S.A. to upgrade technology in the continuous filament area.
1989
- The Company undertook an experimental programme for manufacture and supply of 4 KM GRC Channels.
- The company issued 1,00,000 -14% secured non-convertible debentures of Rs.100 each on private placement basis to Army Group Insurance fund Directorate and ICICI.
- Fibreglass Ltd., U.K., the holding company, holds 19,44,000 No. of equity shares in the company.
1991
- The profitability declined due to flood situation in June, inflations and prolonged lock-out in one of the major customer's plant.
1992
- Reconstruction of the glass furnace commenced towards the end of March.
1993
- The Company acquired the Glass Fibre Undertaking of CEAT Ltd. with effect from 29th June.
1995
- 69,97,536 Rights equity shares of Rs.10 each at a premium of Rs.25 per share in prop. 10:7 were issued.
1996
- Production during the year suffered due to the shut-down of the Thane plant to carry out extensive repairs to extend the life of the furnace.
- 1810 No. of equity shares issued.
