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Flexituff Ventures International Ltd

NSE: FLEXITUFF BSE: 533638

₹8.73

(-9.91%)

Sat, 07 Mar 2026, 01:53 pm

Company History

1966

  • The Company was originally constituted as a partnership firm under the Indian Partnership Act, 1932 as Saurabh Potteries & Ceramics.

1993

  • The partnership was converted into a private limited company as Naviska Packaging Private Limited.
  • The name of the partnership was changed to Naviska Packaging.
  • The Company commenced manufacture of HDPE / PP woven sacks.
  • A Domestic Tariff Area (DTA) unit with a capacity of 1,380 MTPA was set up.

2001

  • The name of the Company was changed to Giltpac International India Private Limited.

2002

  • The manufacturing capacity was expanded to 2,700 MTPA at the DTA unit.

2003

  • The Company was converted into a public limited company and the name was changed to Flexituff International Limited.
  • The Company commenced production at the Special Economic Zone (SEZ) unit with a capacity of 7,800 MTPA.

2004

  • The manufacturing capacity was expanded to 5,200 MTPA at the DTA unit.
  • The Company received BRC certifications for food grade packing.

2005

  • The Company received AIB certifications for food grade packing.

2007

  • The manufacturing capacity was expanded to 23,000 MTPA at SEZ and DTA units collectively.
  • A wholly owned subsidiary, Eco Polymers Limited was incorporated in Bangladesh.
  • The Company received an investment of approximately ` 460 million from Clearwater Capital Partners (Cyprus) Limited.

2008

  • A wholly owned subsidiary, Flexiglobal Holdings Limited was incorporated in Cyprus.
  • The Company acquired a majority stake in Satguru Polyfab Private Limited.
  • The Company received a quality certification from Det Norske Veritas (DNV) for meeting the requirements of BRC/IOP Issue 3 - Global Standard- Food Packaging and other Packaging Materials.

2009

  • The Company incorporated a wholly owned subsidiary, Nanofil Technologies Private Limited in Kashipur, Uttarakhand.
  • A step-down subsidiary, Flexiglobal (UK) Limited was established in the UK.
  • Flexiglobal Holdings Limited acquired a majority stake in Lakshmi Incorporated, U.S.A.
  • A new plant with a production capacity of 16,000 MTPA was established at Kashipur, Uttarakhand.

2010

  • The Company disassociated from its wholly owned subsidiary, Eco Polymers Limited in Bangladesh in September.

2011

  • Flexituff International filed an offer document for IPO with SEBI.
  • Flexituff got 1.17 times subscription on the last day of subscription period.

2012

  • The Registered Office of the Company was shifted to 304, Diamond Prestige, 41-A, A. J. C. Bose Road, Kolkata - 700017

2013

  • The Company declared a dividend of 10% i.e. Rs. 1 per equity share for the Financial Year 2012-13.
  • Flexituff International planned to raise funds via issue of equity shares

2014

  • Mr. D. K. Sharma, Asstt. Vice President- Corporate Affairs & Company Secretary was elevated to Executive Director of the Company

2016

  • Flexituff International entered into a facility agreement with KKR India Financial Services Private Limited for debt fund raising upto Rs. 150 Crores including issue of debentures, if any.

2018

  • The company name was changed to Flexituff Ventures International Ltd. from Flexituff International Ltd.

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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