|₹57.1 / ₹3.37|
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Addi Industries Limited is presently engaged in the trading of plastic products and in process of setting up facilities for manufacturing of tarpaulins and plastic bags. The company was originally incorporated as a public limited company in the State of Gujarat on May 03, 1994 with the name JRC Finvest Limited. The company commenced its commercial operations in the year 1994 in the field of leasing, hire purchasing, bills discounting, short term lending and also to act as an investment Banking and advisory and consultancy services. In September 26, 1997, the company had approved the adoption of activities related to Manufacturing and Marketing of Various kinds of Electric instruments, Components, ferrite rods, hard and soft ferrites capacitors, rectifiers, integrated circuits, printed circuit boards and Computer, Mini computers and compounds vide special resolution. In November 25, 1997, the name of the company was changed from JRC Finvest Limited to JRC Industries Limited. During the year 1987-1988, Addi Worsted Limited, Addi Fashions Private Limited and Addi Woollens Limited amalgamated with the company. During the year 1899-1990, the company expanded the worsted yarn plant from its existing capacity of 2400 spindles to 6000 spindles. During the year 1991-1992, the company installed Woollen, Cotton Knitting & Cotton Knitting & Dyeing Plant.