Nilkamal Plastics Live NSE BSE Yahoo Finance Charts

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Nilkamal Plastics (NILPLAST) is engaged in the business of plastic molded furniture and material handling plastic crates. Incorporated on Dec. 5, 1985, the company was converted into a public limited company on July 18, 1990 and got its current name on Aug. 23, 1990. Furniture products include chairs, dining tables, cupboards, coffee tables, trolleys, and shoe racks used in homes, restaurants, gardens, and party halls. The lifestyle furniture business @home provides contemporary readymade knockdown wooden furniture and home accents. These stores provide design solutions, professional guidance, interest free loans, and other value-added features. The company would have 12 stores by the end of 2007. The material handling range includes crates and bins for material handling, storage and transport requirements for industries like automobile, pharmaceutical, engineering, and others. The company has a joint venture with BITO-Lagertechnik Bittmann GmbH (Germany) to manufacture metal storage systems and is the sole dealer for automated storage and retrieval systems manufactured by Hanel Buro- und Lagersysteme, Germany in India. Working with Plastic Omnium Systemes Urbains S.A of France, it supplies high tech plastic waste bins to municipalities, supermarkets, and others. The company has acquired the material handling business of Prince Containers and Prince Multiplast. The eight manufacturing facilities across India are all ISO 9001 and ISO 14000 certified. Joint ventures in Bangladesh and Sri Lanka manufacture and sell plastic furniture and material handling crates. The company has a direct sales network of 350 members, a dealer network of 350 plus, 33 regional offices and 24 warehouses situated across India. Its warehousing facility and marketing office in Ajman Free Zone, UAE cater to the Middle East and African markets. The registered office is located at Survey No 354/2 and 354/3, Near Rakholl Bridge, Silvassa Khanvel Road, Village Vasona, U T of D and NH, Silvassa.

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