Jasch Industries Limited

Milestones in our Journey

Jasch Industries Ltd (formerly Jasch Polymers Ltd) was incorporated on 11th December, 1985 under the Indian Companies Act, 1956 as a Public Limited Company. It obtained Certificate of Commencement of Business on 2nd January, 1986. The name of the Company was changed to Jasch Industries Limited and a fresh Certificate of Incorporation was issued by the Registrar of Companies, Delhi & Haryana on 7th September, 1993. The Authorised Capital of the Company is Rs. 1250 lakhs and the Paid Up Capital is Rs. 1133 lakhs. The Company has been promoted by Mr. Jai Kishan Garg and his associates.

On 14th July, 1994, the Company came up with a public issue of 50,00,000 equity shares of INR 10 each for cash at par, aggregating to Rs. 500 lakhs (50 million) with the object of part financing the cost of manufacture of Polyurethane Synthetic Leather and Polyurethane Resin plant with installed capacity of 36 lakh (3.6 million) running metres per annum and 3600 tonnes per annum respectively at its plant at Sonepat in Haryana, in "Assisted Sector" with Haryana State Industrial Development Corporationn (A Haryana State Govt. Undertaking). The equity shares of the Company are quoted at the Stock Exchange, Mumbai.

To begin with, the company has been engaged in its own Research & Development activity with a view to improve upon/modify the process and product to suit Indian tropical conditions and usage practices. Over the years, the company has been able to develop many new products/applications. The Company entered into a Technical Collaboration Agreement with Duksung Company Ltd, South Korea for developing advance technology for the manufacture of Premium quality PU Coated fabrics in September, 2006 valid for a period of three years . The Company has fully absorbed and adopted the technology and successfully marketed Premium quality PU Coated Fabrics to reputed shoe manufacturers such as Reebok, Nike, Bata, etc. the company has further renewed the technical collaboration with Duksung company Ltd., South Korea for a further period of three years from September, 2010 at nominal fee of USD 30000 per annum for up gradation of Technology and development of new products.