Data is not available for this company.
Data is not available for this company
MTZ Polyfilms was incorporated as Tributon Exports on September 2, 1985, and received the certificate of commencement of business on September 12, 1985. The controlling stake of the company was acquired by Metazinc (India) alongwith its associate companies on August 16, 1994.
The company was primarily engaged in the business of trading and import export. The original share capital of the company consisted of 70 equity shares of Rs 10 each. The company had made a public issue of 2,39,930
The company was primarily engaged in the business of trading and import export. The original share capital of the company consisted of 70 equity shares of Rs 10 each. The company had made a public issue of 2,39,930 equity shares of Rs 10 each for cash at par in December 1985 and the companyâ€™s shares are since then listed on the Bombay Stock Exchange(BSE).
The company decided to diversify and implement a project for the manufacture of 20,000 tons per annum of polyester chips and 10,000 tons per annum of polyester film with equity participation of Metazinc (India) and associate companies. The company passed the necessary special resolution in general meeting held on August 17, 1994 in terms of Section 149(2A) of the companies Act, 1956, to commence and undertake the business of the said project.
The companyâ€™s name was changed from Tributon Exports to MTZ Polyesters. The registrar of companies issued a fresh certificate of incorporation consequent to change of name with effect from 31st July, 1996.
The registered office of the company is located at Sarnath Centre, ground floor, upvan area, upper Govind Nagar,Malad (East) Mumbai, Maharashtra-400097.
Business area of the company
The company's principal activity is manufacture of pet films. The companyâ€™s products include Polyester Film and Polyester Chips.