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Kunststoffe Industries Ltd
NSE: BSE: 523594
₹21.94
(6.04%)
Fri, 11 Sept 2026, 01:12 am
Market Cap (in Cr)14.33
PE Ratio9.71
Dividend0
Producer Manufacturing
Miscellaneous Manufacturing
24.5KCompany History
1985
- The Company was incorporated on 6th November as Western Leasing Limited.
1987
- The Company changed its line of business to manufacture HDPE Pipes and HDPE/PP Tanks and Vessels.
- The name of the Company was changed to M/s Kunststoffe Industries Limited and received its Certificate of Change of Name on 20th August.
- The Company entered into a collaboration agreement with M/s Troisdorfer Bau and Kunststoffe Gmbh (BAUKU) of West Germany for the production of pipes with spirally wound profile wall pipe technology.
1992
- The company entered into a technical collaboration with BAUKU of Germany and deputed engineers for training at the collaborator's plant.
1994
- The Rights issue made by the company was fully subscribed with 3,950,000 equity shares of Rs. 10/- each at a premium of Rs. 5/- per share aggregating to Rs. 5.92 crores.
1995
- Mr. K.G. Underkat, Mr. C.H. Kampani and Dr. B.V. Bhoota retired.
- Mr. V.G. Rajadhyaksha resigned from the Board as Chairman due to pre-occupation.
- Mr. Manual Menezes and Mr. Rashid Kalania resigned from the Board.
1996
- Mr. Y. J. Shabbir retired by rotation and offered himself for re-appointment.
- Mr. Pravin Sheth resigned from the Board as Chairman due to pre-occupation.
- Ms. Vilina P. Sheth, Dr. B. V. Bhoota and Mr. Kantilal G. Underkat resigned from the Board.
1997
- Mr. H.K. Vithalani and Mr. Marcus Hawercamp retired by rotation and were recommended for reappointment.
2000
- The name of the R&T agent of the company was changed from Hamco Share Reg. Pvt. Ltd. to Sharex (India) Pvt. Ltd.
2008
- The Company created an email id [kunststoffe@gmail.com](mailto:kunststoffe@gmail.com).
2011
- The Registered Office of the Company was shifted to Kiran Building, 128, Bhaudaji Road, Matunga, Mumbai - 400019.