Garware Synthetics Ltd Share Price

1.18

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Executive Director Santosh Borkar
Whole-time Director Sunder Kocha Moolya
Independent Director Kirti B Doshi
Addtnl Independent Director Shilpa Parab
Company Secretary Vrunda Mehta
Addtnl Independent Director Sandip Pawar

Garware Synthetics Ltd. was incorporated on 1st September 1969. The Company manufactures wide range of bristles made from Nylon 6, 66,610, PBT, Polypropylene, which finds extensive application in various Brush Industries. It recently developed nylon sutures, which was currently imported into India. These sutures are used mainly for medical purpose. During the year 2014-2015, the Company issued and allotted 4,60,000 Equity Warrants on preferential basis to the Promoters, with each warrant convertible into one Equity Share of the Company of nominal value of 10/- each at a price of 50/- which includes a premium of 40/- per share and 4,00,000 Equity Shares for cash at a price of 50/- per equity share (including premium of 40/- per Equity Share) on preferential basis to the Promoters. During the year 2016-2017, option for conversion of share warrants issued by Company was not exercise by applicants of share warrant i.e., by warrant holders. So the share warrant stands cancelled as per terms of issue.

REGISTERED OFFICE

Manish Textiles Indl Premises,
Penkar Pada Mira Road (East),Thane,
Maharashtra-401104

Tell. : +91-022-28457763
Website : http://www.garwaresyn.com
Email : garware.synthetic@gmail.com

REGISTRAR OFFICE

21 Shakil Niwas,
Andheri (E),Mumbai - 400 093
INDIA

Tell. : +91-22-28262920
Website : www.unisec.in
Email : info@unisec.in