Polyplex Corporation Ltd
NSE: POLYPLEX BSE: 524051
₹891.70
-31 (3.36%)
Tue, 27 Oct 2026, 09:59 am
Market Cap (in Cr)2801.46
PE Ratio18.03
Dividend0.34
Process Industries
Chemicals: Specialty
24.5KPolyplex Corporation Ltd Company History
1984
- The Company was incorporated on 18th October at New Delhi
- The Company undertook a project to set up facilities for the manufacture of polyester film at Khatima in Nainital district of Uttar Pradesh
- The Company entered into a technical collaboration agreement with Lindawer Dornier GmbH of West Germany
1985
- The Company obtained the Certificate of Commencement of Business on 22nd July
1988
- 70 No of equity shares were taken up for cash at par by the signatories to the Memorandum of Association
- 86,49,930 shares were issued at par for cash
1993
- 40,00,000 Shares were issued
1994
- The Company embarked on a major expansion-cum-backward integration plant
- 25,00,000 No of Equity shares were allotted to promoters on preferential basis
1995
- The polyester film line was commissioned
- 6,88,000 No of equity shares were issued on conversion of tradeable warrants
1997
- Poly-condensation plant was commissioned in March
- The Company undertook to set up a thin film solar photovaltic Module manufacturing facility at Gurgaon, Haryana
- The Company proposed to issue 12,97,500 Rights equity shares at par
1999
- Flex and Polyplex merged polyester film unit
2000
- The company shifted its New Delhi office to Noida, Uttar Pradesh
2003
- Mr B K Soni and Mr Sanjiv Saraf were reappointed as Directors
- The company's shares were approved to be delisted from Ahmedabad, Kolkatta, Delhi, Uttar Pradesh and Chennai Stock Exchanges
2004
- The company delisted its equity shares from Uttar Pradesh Stock Exchange Ltd and The Stock Exchange, Ahmedabad
- Shares were delisted from Delhi Stock Exchange Ltd and Madras Stock Exchange Ltd
2005
- The Board of Directors recommended payment of Final Dividend at 30%
- Merrill Lynch Capital Mkt Espana S A SV acquired shares aggregating to 0.17% and 0.33% of the total paid up capital
- Polyplex Europa commenced production of Polyester Film
2007
- The Board of Directors recommended payment of Final Dividend of 40% for the financial year
2008
- The Board of Directors recommended payment of dividend of 60% for the financial year
2009
- Ricky Kriplani and his associates acquired more than 14% of issued share capital in Polyplex Corporation Ltd
2010
- Polyplex Corporation Ltd successfully commissioned projects at Bajpur, Distt Udham Singh Nagar, Uttarakhand
- Polyplex Corporation gave a bonus in the ratio of 1:1
- Polyplex Corporation Limited sold its stake in Polyplex Thailand Public Company Limited
2013
- The Company recommended payment of Dividend of Rs 3 per share.
2014
- The company recommended payment of Dividend of Rs 2 per share.
2018
- CARE upgraded ratings of Polyplex Corp.
2019
- Polyplex Corporation set up BOPP Film Line project with Polyplex Public Company.
2020
- Polyplex Corporation announced that India Ratings and Research upgraded Company's Rating.
2021
- Polyplex Corpn commenced operations of 10.6 meter BOPP Film Line.
