JMDE Packaging & Realties Ltd. Company History and Annual Growth Details

The Company was carrying on the business under the name and tyle of M/s UMA PLASTIC INDUSTRIES with its principal place of business at Ahmedabad. For the same of smooth working, better and efficient management and improvement and advancement of business, the said joint stock Company has been converted and incorporated under Section 566 of the Companies Act, 1956 as UMA PETROFILS INDIA LIMITED on 24th September 1992. The Certificate for Commencement of business was obtained on 7th October 1992.

The Company subsequently took over M/s UMA PACKS another partnership firm of the group with effect from 10th October 1992. At the time of conversion, the assets of the two firms were revalued at market value and transferred in the name of Uma Petrofils India Limited. The promoters of the erstwhile firms have been allotted Equity shares at par in the company as purchase consideration.

Both the firms i.e M/s Uma Plastics Industries & M/s Uma Packs were carrying on business of manufacturing of printed polyethelene bags since 1988 and 1990 respectively at Village Kadi dist. Mehsana. The present combined manufacturing capacity of these units is 1200 tpa.

The company is now embarking on an expansion programme for manufacturing Polyster/BOPP film printing and lamination. It has therefore decided to expand its capacity to 2280 tpa from 1200 tpa to get the benefit of the demand of flexible multilaminated packaging material as well as to exploit the profitable market potential of flexi packs. The expansion will be carried out at village Changodar, Taluka Sanand Dist. Ahmedabad.

M/s Uma Packs commenced commercial production from March 1990.

Subsidiaries:

The Company does not have any subsidiary Company.

Promoters:

The Company has been promoted by Mr Laljibhai M Patel, Dr Arvindbhai M Amin, Mr Batukhai Shyani and Mr Maganbhai patel.

2008

-Company name has been changed from Uma Petro Products India Ltd to JMDE Packaging & Realties Ltd

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