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FGP Ltd

NSE: FGPIND BSE: 500142

₹9.68

(-1.63%)

Tue, 03 Mar 2026, 11:16 am

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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.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800