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The company was incorporated on 24th February, and the certificate of commencement of business was obtained on 21st March. The company was engaged in the manufacture of Bi-axially oriented polypropylene (BOPP) films.
The company was promoted in joint sector by Max India Ltd., Ranbaxy Laboratories Ltd., Montari Industries Ltd. and Punjab State Industrial Development Corporation Ltd. The Company undertook to set up a project for the manufactuof 2,000 tonnes per annum of BOPP film.