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Company Information

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ADVANCE SYNTEX LTD.

18 November 2024 | 12:00

Industry >> Packaging & Containers

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ISIN No INE184U01012 BSE Code / NSE Code 539982 / ASYL Book Value (Rs.) 5.40 Face Value 10.00
Bookclosure 30/09/2023 52Week High 10 EPS 0.00 P/E 0.00
Market Cap. 6.85 Cr. 52Week Low 5 P/BV / Div Yield (%) 1.14 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as Advance Syntex Private Limited on September 21, 1990 under the provisions of Companies Act, 1956 with Registrar of Companies, Dadra & Nagar Haveli, Gujarat, vide registration no. 014406 (CIN:U17119GJ1990PTC014406), Further pursuant to Shareholders resolution passed at the Extra Ordinary General Meeting of the Company held on October 24, 2015, The Company was converted into a public limited company and the name was changed to 'Advance Syntex Limited' and subsequent to conversion a fresh Certificate of Incorporation dated November 23, 2015 was issued by the Registrar of Companies, Ahmedabad.

Key Events and Mile Stones

1990 - The Company was incorporated as 'Advance Syntex Private Limited' a private limited company under the Companies Act, 1956 on September 21,1990.

1992 - Setup of factory at 818 GIDC, Makarpura, Vadodara, Gujarat

2006 - The Company has set up branch Office at 27, Shah Niwas, Mulund West, RRT Road, Mumbai, Maharashtra

2008 - Shifting of the factory Unit from 818 GIDC, Makarpura, Vadodara to 233/2 & 238/2 GIDC ,POR Ramangamdi, Vadodara, Gujarat

2009 - Setup of factory Unit - II situated at 149, POR, Ramangamdi, GIDC Industrial Estate, Vadodara, Gujarat

2015

- Setup of factory Unit - III situated at 104, POR, Ramangamdi, GIDC Industrial Estate, Vadodara, Gujarat

- The Company was converted into a public limited company and the name of the Company was changed to 'Advance Syntex Limited'

- The Company changed its Branch Office from 27, Shah Niwas, Mulund West, RRT Road, Mumbai, Maharashtra to 6, Priti Building, Nutan Prashant Co-operative Housing Society, S.N. Road, Tambe Nagar, Mulund(West), Mumbai

2017 -The Company has issued Bonus Shares in the Ratio of 3:20.

2018 -Advance Syntex Limited won "Top 100 Smes Of India 2018" Award.one of the most prestigious Awards in the SME Fraternity.