Universus Photo Imagings Ltd - UNIVERSUS PHOTO Share Price

Summary

Universus Photo Image Limited, initially known as Jindal Photo Investments and Finance Limited was incorporated as a Public Limited Company, under the Indian Companies Act, 1956 pursuant to a Certificate of Incorporation dated November 12, 2011 and a Certificate for Commencement of Business dated December 07, 2011, was issued by the Registrar of Companies, Ahmadabad. Thereafter, the name of the Company was changed from Jindal Photo Imaging Limited to Universus Photo Image Limited, vide Shareholders Resolution dated December 11, 2019 and a Fresh Certificate of Incorporation was obtained on December 12, 2019. The Company is manufacturing, selling, distributing, converting and producing, X-Ray films and NTR films in Matt & Glossy finish films being used for photo albums, certificates, playing cards, gift cards, visiting cards, calendar, menu cards, wedding cards & modeling portfolio. The Company has state of the art plant facility for manufacturing of X-Ray Films & other products at Dadra and Nagra Haveli. The unit holds monthly capacity of approximately 3 lakh sq.m. It procures Jumbo Rolls of the X-Ray films and slits them into different sizes at the packaging unit in Dadra. National Company Law Tribunal (NCLT) of Judicature Allahabad Bench vide their Order dated 09th December 2019 sanctioned the Scheme of Arrangement for demerger of Photo Films Business of Jindal Poly Films Limited (Demerged Undertaking). This Scheme is made in terms of provisions of Section 230 to 232 read... Read More