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Corporate Structure
Polyplex Corporation Ltd., is a Public Company
listed on National
Stock Exchange and Mumbai
Stock Exchange.
Mr. Sanjiv Saraf, the promoter of the Company,
along with other promoters, holds 41.63% of the capital
of the Company. The balance is spread over a wide investor
base of more than 10,000 shareholders.
Polyplex (Thailand) Public Company Ltd. (PTL),
was formed as a 100% subsidiary of Polyplex Corporation Ltd.
During December 2004, PTL made an Initial Public Offering
for raising capital in Thailand and got listed on the
Thailand Stock Exchange. Post-listing the shareholding of PCL in PTL
has come
down to 70%.
Polyplex Europa Polyester
Film Sanayi ve Ticaret A.S. (PE) is a
wholly owned subsidiary of PTL. The company has completed its
establishment process of 24000 MT polyester film plant and
started its production on 20th Dec 2005.
Polyplex (Americas) Inc., was formed as a subsidiary of PTL.
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