| The Company was incorporated as a Public Limited Company on 13th July, 1989 under the Companies Act 1956 in the State of Rajasthan at Jaipur with the main objects, inter alia, to carry on the Business of manufacture and selling granite products and obtained the certificate of commencement of business on 28th August, 1989. The Objects of the Company are set in the Memorandum and Articles of Association of the Company and are detailed later in this Prospectus.
The Company has been promoted by Sri Jagdish Prasad Agarwal, Sri Bholaram Agarwal and Sri Sagarmal Agarwal. Sri Jagdish Prasad Agarwal is engaged in the Business of survey, construction, drilling, development of tube well, RCC overhead water tanks and has his proprietorship concerns at Udaipur and Branch offices in Madhya Pradesh having total turnover of about Rs. 58 lacs during 1988-89. He was also managing complete affairs of his family business as head of the group. He had surveyed market potential since 1988 in various countries like Singapore, Hong Kong, Italy, France, U.K. and Switzerland and also attended International Trade Fair at Carara in, Italy and studied various granite processing units at Italy during his visits and availed the opportunity to explore the market and study in depth the functioning of the Granite Industry in Indian conditions. Sri Bholaram Agarwal and Sri Sagarmal Agarwal also have extensive experience of the business and will look after the Marketing and Finance aspects of the business.
2008
-Pacific Industries designated E-mail ID for Investors Complaints: pacificinvestor@rediffmail.com
2011
-The registered office of the company has been shifted from Village: Bedla, Udaipur-313001 (Rajasthan) to Survey No.13, N.H.48, Kempalinganhalli, Nelamangala Taluk, Bangalore (Rural) - 562 123 (Karnataka).
2013
-Installation of Gasperi Multi Wire in Bangalore Unit.
-Rajasthan State Award for Export Excellence
2014
-Vinod Choudhary has been appointed as a Independent Director of the Company.
-Establisment of Geetanjali Dental and Research Institue in Udaipur, Rajasthan.
2016
-Pacific Industries Acquiring shares of the Newly Incorporated Company
2017
-Installation of Breton Multi Wire in Udaipur Unit.
2019
-Company issued rights shares of Rs. 10 in the ratio of 155:100 at a premium of Rs. 109 per share.
2023
-Company issued rights shares of Rs. 10 in the ratio of 1:1 at a premium of Rs. 129 per share.
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