Manjushree Extrusions Limited (MEL) was incorporated as Private Limited Company on 13 November, 1987. Subsequently it was converted to Public Limited Company w.e.f.12 December1994. The Company, presently, is being engaged in the manufacture of specialty plastic packaging products mainly containers and Jars for Multinational Companies in FMCG, Pharma,Food Processing and Agrochemical sectors through an ongoing process of research oriented design and development. The products of the Company include Injection / Blow molded PET / PP and Multilayer plastic containers which are manufactured by adopting Japanese and European technologies. The Company marketing offices at major metros in the country including at Mumbai, Chennaiand Bangalore to effectively coordinate and liaise with its customers spread across the length and breadth of the country. The Company had initially set-up a Flexible Packaging unit at Guwahati in the year 1988-89. In the year 1995-96, the Company set-up a unit for manufacturing of PET Containers with an initial installed capacity of 600 MT at Bommasandra Industrial Area,Bangalore at a capital cost of Rs. 8.25 crores which was funded by State Bank of India to the tune of Rs. 3 crores with the balance being raised through a public issue of the Company's equity shares including promoters' contribution and internal accruals. The Company has made a Public Issue of 26,70,000 Equity Shares of Rs. 10/- for cash at a premium of Rs. 2.50 per Share aggregating Rs. 333.75 lacs in September, 1995 to part finance the project for setting up a unit for the manufacture of PET containers Presently the Company is listed at Calcutta, Gauhati and the Ahmedabad Stock Exchange. However the Company shares are not traded at any of the above said exchanges. In order to cater to growing requirement of PET Containers in various parts of the country, particularly the western and southern sectors, installed capacity of the unit was expanded by an additional 600 MTPA during the year 1998-99 at a total cost of Rs. 4.18 crores, for which the Company availed an additional term loan of Rs. 2.75 crores from State Bank of India, while the balance was met out of internal accruals of the Company. In order to concentrate on its core activity for manufacturing of PET Containers the Company decided to dispose-off the Flexible Packaging unit at Guwahati on 1st October 2000 with requisite approvals. During the year 2001-02, the capacity was further expanded by an additional 250 MTPA by funding from the Company's internal accruals, thereby raising the total installed capacity to 1450 MTPA.During the year 2003-04, the Company commissioned a diversification project for manufacture of Monolayer / Multilayer containers with an additional capacity of 1613 MTPA rerated to 1550 MTPA), thereby raising its overall plant capacity to 3000 MTPA, with the financial assistance of State Bank of India in the form of a term loan of Rs. 740 lacs and enhanced working capital facilities of Rs. 770 lacs, which have been fully utilized for the funding requirement in the respective areas. The plants have since stabilized its operations successfully and the Company has been able to market its entire production at enhanced levels without any constraints. The capacity has been further increased to 3450 MT during the FY 2004-05 and to 4140 MT during the FY 2005-06 by installing additional machineries.The Company has adhered to the Quality Management System Standard of ISO 9001: 2000 issued by the AQSR, International Incorporation, Michigan, USA. The Company enjoys a preferred supplier status in regard to the Specialty Plastic Containers, which are marketed under the brand name of POLYPET predominantly to MNC's in FMCG sector; which assures a consistent market to the Company's products. The major clients of the Company at present include Hindustan Unilever, Nestle, Cadbury, Britannia, Glaxo Smith Kline, P&G, Coca Cola, Tata Tea, Goodricke Group, McLeod, Godrej, Nutrine, Wrigley's, Parry's, Heinz, P&G, Reckitt etc. Envisaging continuous demand of the Company's entire range of Products viz.250ml to 750 ml Bottles, 800ml to 2000 ml Jars,2500ml to 3500ml and 6000m to 9000ml Jars from its existing customers and potent demand of export market,the Company proposes to expand its existing capacity by 10100 MT per annum, thereby raising the overall manufacturing capacity of Speciality Plastic Containers and Preforms to 14240 MT on triple shift operation basis. The total cost of the project is Rs. 5370 lacs out of which Company proposes to raise Rs. 3570 lacs through Right cum Public Issue and balance Rs. 1800 Lacs as term loan. MAJOR EVENTS IN THE HISTORY OF THE COMPANY 1987 Incorporation of the Company. Flexible Packaging Unit at Guwahati started functioning to manufacture laminates and other plastic packaging items etc. 1994 Bangalore Project for manufacturing PET Containers finalized Converted to public limited Company w.e.f 12th December, 1994 1995 Land allotted by Karnataka Industrial Development Board and the construction began. State Bank of India gave in principle clearance.Company went Public and was subsequently listed in Gauhati, Ahmedabad and Calcutta Stock Exchanges.1996 Bangalore Unit For PET containers commenced production Mr. Vimal Kedia, Managing Director of Manjushree Extrusions Ltd, received an award from the Additional Secretary & Development Commissioner-SSI, New Delhi for his contribution to the industrial development in North Eastern Region. Mr. Vimal Kedia, Managing Director of Manjushree Extrusions Ltd received an award from the then President of India, Mr. Sankar Dayal Sharma. 1998 The first expansion with addition of two more PET ISBM Machines from Japan completed. 1999 Manjushree started exporting its products to Sri Lanka and Middle East Countries.2000 Manjushree was awarded with INDIASTAR 2000 for the year 2000 (the highest recognition for excellence inPackaging) from Indian Institute of Packaging for their products. 2001 Manjushree was awarded with Asia Star 2000 for the year 2000 (Award for Packaging Excellence) from the Asian Packaging Federation f or their products. 2002 The second expansion with further addition of two more injection moulding machines took place.Manjushree was awarded with INDIASTAR 2002 for the year 2002 (the highest recognition for excellence in Packaging) from Indian Institute of Packaging for their products. 2003 Manjushree started its second unit at Bommasandra Industrial Area with new technology of Multilayer and Hot Fill PET Bottle project. 2004 Third expansion at Unit I and 1st expansion at Unit II completed with addition of new equipments and technologies. Manjushree was successfully accredited with ISO certification (ISO 9001:2000) by AQSR International Inc.Manjushree was awarded with INDIASTAR 2004 for the year 2004 (the highest recognition for excellence in Packaging) from Indian Institute of Packaging for their products.Manjushree was awarded with Asia Star 2004 for the year 2004 (Award for Packaging Excellence) from the Asian Packaging Federation for their products 2005 Manjushree brings in PPISBM Technology for the first time in the Country for their client namely M/s.GlaxoSmithKline for `Horlicks' and `Boost' packaging.Manjushree organized Furturepac Seminar on emerging trends in Rigid Packaging for Dairy, Food & RTD Beverages in collaboration with M/s. Indian Plastic Institute and Reliance Industries.Manjushree received an award for achieving highest rating in the ranking of India's Top 500 manufacturing small and mid sizes company from Jasubhai Digital Media. 2009 -Company has changed its name from Manjushree Extrusions Ltd. to Manjushree Technopack Ltd. 2010 -Manjushree Technopack has recommended a dividend of Rs. 1/- per Equity share being 10% on the Face value of Rs. 10/- 2011 -Manjushree Technopack has recommended a dividend of Rs. 1/- per Equity Share being 10% on the Face Value of Rs. 10/- 2012 -Manjushree Technopack has recommended a dividend of Rs. 1/- per Equity Share being 10% on the Face Value of Rs. 10/- 2013 -Manjushree Technopack Ltd has informed that Company has been shifted from its current address: Plot No. 143-C5, Bommasandra Industrial Area, Hosur Road, Bangalore - 560099 to Plot No. 60 E&F, Bommasandra Industrial Area, Hosur Road, Bangalore - 560099. -Manjushree Technopack Ltd has informed that the new facility of the Company set up in Bidadi, Bangalore has commenced production. -Manjushree Technopack Ltd has informed that the Board of Directors of the Company has recommended a dividend of Rs. 1/- per Equity Share being 10% on the Face Value of Rs. 10/- for the Financial Year ended March 31, 2013. 2014 -Sidel launches world's first pasteurisable PET beer bottle -The food industry is increasingly turning to PET containers. -Manjushree Technopack Ltd has informed that the Board of Directors of the Company has recommended a dividend of Rs. 1/- per Equity Share being 10% on the Face Value of Rs. 10/- for the Financial Year ended March 31, 2014. -Manjushree Technopack gains nearly 20% on delisting plan.