Rollatainers Ltd History
BSE:502448 | NSE:ROLLTBE | IND:Packaging - Metallic/Plastics/Others | ISIN code:INE927A01040 | SECT:Packaging
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The Company History page lists out the major events in chronological order for Rollatainers Ltd.
| Company History - Rollatainers Ltd. | ||
| YEAR EVENTS 1968 - The Company was Incorporated in February and converted as a public limited Company on 27th May 1971. The Company's object is to manufacture all kinds of packaging laminated coated materials, pulp, paper and board and packaging machinery. 1970 - 4,50,000 shares issued. Of these, 3,00,000 shares issued to Rolls Print Co. Ltd., and 2,000 shares to Envelop Manufacturers Co. Pvt. Ltd. 1971 - The technical collaboration agreement with Cekapac International, Sweden (formerly Christenssons Maskiner and Patenter A/B Sweden), a division of Eseelte, Sweden was extended for further 5 years in 1982. - Rolls Print Co. Pvt. Ltd., former holding Company of the Company were appointed as sole selling agents for a period of 5 years with effect from 1st July, on commission of 2% on the net selling price of cartons. 1972 - 5,000 - 9.5% Redeemable cumulative pref. shares of the first series were issued to LIC and ICICI. 1974 - With the issue of equity shares to the public during January-February, Rolls Print Co. Pvt. Ltd. offered for sale at par 2,00,000 No. of equity shares to the public and 50,018 No. of equity shares to financial institutions viz., ICICI, LIC and UTI. - 50,000 No. of equity shares issued at par to the public in early 1974. 1981 - 2,50,015 Bonus equity shares issued in prop. 1:2 in May. 1985 - In order to augment long term working capital resources and to meet capital expenditure, the company, in January, issued 80,000 - 15% secured non-convertible debentures of Rs.100 each at par as rights to resident Indian equity and preference shareholders in the prop. 1 debenture for every 10 equity shares held and 1 debenture for every 1 preference share held. 1987 - The Operating profits declined marginally due to the increase in the input costs. - Sidharth Papers, Ltd. (SPL) was a subsidiary of the Company. - The Subsidiary came under the provision of Sick Industrial Companies (Sp. Provisions) Act. 1985. BIFR had sanctioned the amalgamation of Sidharth Papers, Ltd. with the Company with effect from 1.4.1990. - As per the terms of the Scheme of Amalgamation, the Company was to issue and allot 1 equity share of Rs.10 each of the company for every 910 No. of equity shares of Rs.10 each or for every 91 preference shares of Rs.100 each held by respective shareholders in SPL. Accordingly, a total of 302 No. of equity shares of Rs.10 each of the Company were allotted to the shareholders of SPL without payment in cash in 1991-92. 1989 - The packaging division continued to perform satisfactorily due to higher sales. 1990 - A new machine called RTF-50 was introduced. - In March, 15,000 - 14% non-convertible debentures of Rs.100 each were privately placed with LIC. These debentures are redeemable at a prem. of 5% of the face value in three annual equal instalments commencing from 6th year from the date of allotment. 1991 - 302 No. of equity shares allotted without payment in cash to members of Sidharth Paper Mills Ltd. upon its merger. 1992 - Profits of packaging division continued to be affected due to sharp increase in the cost of all inputs. - 3,75,174 bonus equity shares issued in prop. 1:2. 1993 - The Company promoted a wholly owned subsidiary Company viz. RT Packaging Ltd. in order to effectively meet the raw material requirements of the Company. - During November/December, the Company issued 125,521 No. of equity shares of Rs.10 each at a prem. of Rs.60 per share on rights basis in the prop. of 1:1. All were taken up. Allotment of 4,820 shares was kept in abeyance. - Another 56,276 No. of equity shares of Rs.10 each at a prem. of Rs.60 per share were offered to the employees. Only 49,140 shares taken up. - 11,25,521 bonus equity shares issued in prop. 1:1. 11,69,841 rights equity shares allotted in prop. 1:1 at a prem. of Rs.60 per share. 1994 - New products in the line of packing were introduced. - New machines for manufacturing paper cups, low cost juice filling system, electronic weight filler and case packer were developed. - The Company entered into a technical collaboration with Datwyer A.G. Switzerland for the manufacture of copper plating and chrome plating tanks in India with a buy back arrangement at predetermined prices. 1995 - Machinery division had developed new machines for squash and similar food application and an automatic living and filling machine which met with good market response. - A case packer was also developed with technical collaboration of Osterberg Sweden. - In packaging division three more printing machines and one die cutting machine were installed to remove capacity imbalances in different units. - 118 right shares kept in abeyance were issued. 1996 - The Company completed installation and commissioning of second paper board manufacturing machine. With this the capacity of the paper board division increased from 35 TPD to 70 TPD. - 34,21,001 bonus equity shares allotted in prop. 1:1. 1997 - 2,85,000 pref. shares issued. 2003 - CDR Cell's approval for Corporate Debt Restructuring Scheme of the company. 2008 -Rollatainers Ltd has informed that the Securities of the Company have been delisted from the Delhi Stock Exchange Association Ltd (DSE) & Hyderabad Stock Exchange Ltd (HSE). -Rollatainers Ltd has informed that the Calcutta Stock Exchange Association Ltd (CSE) has delisted the securities pursuant to the Company'''+'s application for voluntary delisting, vide its letter dated May 14, 2008. 2011 -Registered Office of the Company has been shifted From 13/6, Mathura Road, Faridabad - 121003, To Plot No. 73-74, Phase-III, Industrial Area, Dharuhera, Distt. Rewari, Haryana 2012 - Ms. Aakanksha Varshney has been appointed as Company Secretary & Compliance Officer of the company. 2013 -Rollatainers Ltd has given the Bonus in the Ratio of 3:2 2014 -Rollatainers Ltd and its subsidiary Carnation Hospitality Pvt. Ltd. Joint Venture Agreement with International Market Management. 2015 -Rollatainers Ltd has entered into the food business through its wholly owned subsidiary Carnation Hospitality Pvt Ltd. -Rollatainers Ltd has acquired "Barista Coffee Company Ltd." - Rollatainers Ltd has entered into a 50:50 joint venture agreement with International Market Management Ltd ("IMM"). -Rollatainers has splits its face value from Rs. 10 to Rs. 2 | ||
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Cash Flow Statement
Half Yearly Results
Capital Structure
Chairman's Speech
Company History
Locations
Dividends
Splits
Competitors
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