YEAR EVENTS 1976 - The company was incorporated on 7th October at New Delhi. The company was promoted by Ashok Jaipuria and is engaged in manufacture of Biaxially Oriented Polypropylene (BOPP) film for packaging and electronic applications. - The Company undertook to manufacture biaxially oriented polypropylene film both coated and uncoated. The film was to be manufactured in the thickness range of 10 to 15 microns and was intended to cater mainly to the packaging industry. 1980 - Allotted 2,60,000 shares to promoters, etc., 99,000 shares to SICOM and 1,00,000 shares to Ashok Jaipuria. 4,41,000 shares offered at par for public subscription during July. 1984 - The operations registered a satisfactory growth. Production and sales increased to 512 tonnes and 499 tonnes respectively. 1985 - The research and development wing of the Company developed a new product, pearlined film, which is used for attractive packaging. - Forfeiture on 1,700 No. of equity shares annulled. 1986 - Subject to necessary approvals being obtained, the Company proposed to offer 11,93,800-15% secured convertible debentures of Rs. 120 each on Rights basis in the proportion 1 deb.: 2 equity shares held. - Simultaneously another 59,690-15% debentures of Rs. 120 each and 2,38,760 debentures of Rs. 120 each were to be offered on preferential basis to employees of the Company and to the shareholders of the promoter companies. - Rs. 20 of the face value of each debenture was to be automatically and compuslorily converted into 2 equity shares of Rs. 10 each at the expiry of 6 months from the date of allotment of debentures. - Remaining Rs. 100 of the face value of each debenture was to be converted into fully paid equity shares of the Company anytime between 3 and 4 years at a price to be decided by the Board, at a price not exceeding 45% of the average market price prevailing during the period of 6 months preceding the date of conversion or at Rs. 100 whichever is lower. - For those not opting for conversion, debentures would be redeemed in three yearly equal instalments payable at the end of 6th, 7th and 8th year from the date of allotment of debentures. 1987 - 14,17,500 shares issued (prem. Rs. 30 per share); 9,00,000 shares Authorised Capital reclassified. (Rs. 30 per share); 9,00,000 shares as right in prop. 1:1 (all were taken up); 4,50,000 shares to the public in Dec. (all were taken up) and 67,500 shares to employees (only 2,600 shares taken up and the balance 64,900 shares were allowed to lapse). Additional 1,35,000 shares allotted to retain oversubscription (90,000 shares as rights and 45,000 shares to the public). 1988 - Despite the favourable results, margins were adversely affected on account of increased raw material costs, heavy burden of interest and depreciation in respect of plant II and declining realisation. The Company received overseas enquiries for sale of know-how for production of BOPP film and negotiation pertaining to the enquiries were in progress. - The Company received a letter of intent to expand the capacity by an additional 2,000 tonnes per annum of packaging grade film in collaboration with General Electric, U.S.A. - The Company promoted Cosmo Electrofil Ltd., for implementing a 800 tpa capacity grade film project. 1989 - The Company also took up implementation of the 800 tonnes per annum capacitor film project which went on stream. 1990 - Increase in the cost of raw material, higher interest charges and steep levy in margin money on imports adversely affected the results. - Authorised capital increased by issue of unclassified shares. 1991 - The company developed a very specialised BOPP film under the brand name CMP-111 that has all the advantages and feel of paper. 2002 -Change of address: Alankit Assignments Ltd, 205-208, Anarkali complex, Jhandewalan Extn, New Delhi - 110 055. Tel : 3610220-24, 3513512-16 Fax : 3552001. -Appoints valuer to determine SWAP ratio of 1:2 and approves for the merger of Gujarat Propack Ltd with the company -Promoters of the company increase their stake by 8.49% by acquiring 7.02 lakh shares at the rate of Rs.34.55 per share. -Holds 93.5% stake in Gujarat Propack Ltd and undertakes comprehensive restructuring which includes cost reduction and man power rationalisation. -Holds 55% share in biaxially oriented polypropylene (BOPP) domestic flexible packaging market. -Board approves for the expansion of additional production facilities of 14000 TPA at the cost of Rs. 500 million. 2003 -Board approves for the Bonus issue in the ratio of one equity share for every equity share held. -Invests Rs.50cr to expand the capacity of its Aurangabad (Maharashtra) facility from 46000 tons to 60000 tons. -Members approve for the delisting of the company's share from Delhi stock exchange and Ahmedabad stock exchange. -The securities of the company has been de-listed from The Delhi Stock Exchange and The Stock Exchange, Ahmedabad. 2006 -Cosmo Films Ltd has has appointed Mr R Vasudevan as additional director of the Company w.e.f. October 26, 2006. 2008 -Cosmo Films Ltd has appointed Mr. Parvinder S Arora as Company Secretary w.e.f. July 04, 2008. 2009 - Cosmo Films Ltd has informed that the Board of Directors of the Company has co-opted Mr. H. N. Sinor, as Additional Director in the category of Non Executive and Independent Director w.e.f. March 02, 2009 by way of resolution by circulation. 2010 - Cosmo Films Ltd has appointed Mr. Suresh Rajpal as a Director in the Casual Vacancy in the category of Non-Executive and Independent Director w.e.f. May 28, 2010. -Registered Office of the Company has been shifted from 30, Community Centre, Saket New Delhi - 110017, to 1008, DLF Tower-A, Jasola District Centre, New Delhi - 110 025 2011 -Set up a new manufacturing plant in South Korea in November 2011. -Ms. Neetu Sharma has been appointed as a Company Secretary and Compliance Officer of the company 2012 -Ms. Jyoti Dixit has been appointed as a Company Secretary and Compliance Officer of the company -Cosmo Films Ltd has recommended a dividend of Rs 5 per equity share 2013 -Cosmo Films Ltd has been started the commercial production manufacturing facility in Shendra. -Board has recommended a Dividend of Rs. 2.50 per equity share for the year 2013. 2014 -Board has recommend a Dividend of Re. 1.00 (10%) per equity share for the year 2014. 2015 -Cosmo Films showcases its thermal lamination films range in PAMEX -Cosmo Films announces new business head for East Asia -Cosmo Films's Export Oriented Unit becomes self sufficient 2016 -Cosmo Films - India Ratings upgrades Cosmo Films to `IND A ' -Cosmo Films launches Black Velvet Lamination Films -Cosmo Films to showcase a comprehensive range of speciality packaging products at Pack2Pack 2017 -Cosmo Films sets up new production line for BOPET films. -Cosmo Films launches Universal Printable Coated Synthetic Paper. -Cosmo Films launches Low Noise Tape Film. -SIES SOP & IFCA Star Awards for Cosmo Films products. 2018 -Cosmo Films bags prestigious SAP HANA Visionary Award. -Cosmo Films launches CPP metalized film with high metal bond. -Cosmo Films launches heat resistant films. -Cosmo Films launches metalized velvet lamination film. -Cosmo Films bags two SIES SOP Star Awards. 2019 -Cosmo Films launches CPP High Barrier films. -Cosmo Films adds new products to the Synthetic Paper portfolio. 2020 -Cosmo Films launches Transparent Antifog Film for large packs for fresh fruits & vegetables. -Cosmo Films Launches BOPP Clear Thermal Lamination Film with Antimicrobial Properties. 2021 -Cosmo Films Launches White Cast Polypropylene (CPP) Film. 2022 -The Company has issued Bonus Shares in the Ratio of 1:2. -Company name has changed to Cosmo First Ltd. from Cosmo Films Ltd.. 2023 -Launch of Metalised Capacitor Grade BOPP Films. -Cosmo Films showcases new and innovative productsat domestic and international exhibitions. 2024 -The company won SIES SOP Star Award for Packing Materials & Components across 4 entries."".