Sah Polymers Ltd

Sah Polymers Ltd. was originally incorporated as a Public Limited Company under the name and style of 'Peacock Continental Limited' at Udaipur Rajasthan, vide Certificate of Incorporation dated April ... 20, 1992. The Company commenced commercial operations pursuant to a Certificate of Commencement of Business dated November 04, 1992 and name of the Company was changed to 'Sah Polymers Limited'. Consequent upon change of name a fresh Certificate of Incorporation dated July 24, 1998 was issued by Registrar of Companies, Udaipur Rajasthan. The Company is an ISO 9001:2015 certified company, primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics, based products of different weight, sizes and colors as per customers specifications. The Company offer customized bulk packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry, Textile Industry Ceramic Industry and Steel Industry. Besides, it is a Del Credere Associate cum Consignment Stockist (DCA/ CS) of Indian Oil Corporation Limited and also operates as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division. Presently, the Company has one manufacturing facility with installed production capacity of 3960 MTPA located at Udaipur, Rajasthan. Over the years, it had made investments, from time to time, in their manufacturing infrastructure to support the product portfolio requirements and its reach. In 1992, the Company started to manufacture plastic goods. In 2019, the Board of Directors of the Company at their meeting held on November 18, 2019 approved the proposal for the amalgamation of its wholly owned subsidiary, Sat E-Com Limited (SEL) with the Company for merger of SEL with the Company, which became effective from appointed date i.e., 1 April 2019. As SEL was a wholly owned subsidiary of the Company, the entire business and the whole of the undertaking of SEL, as a going concern stands transferred to and vested in the Company with effect from April 01, 2019, being the Appointed Date of the Merger. The Company acquired 33,884 Equity Shares constituting 51.01% of the equity Share Capital of Fibcorp Polyweave Private Limited, to which it became a Subsidiary of the Company with effect from January 05, 2022. Read More