Company Profile

Company Profile

Mewar Polytex Limited, an associate company of Mewar Group, incorporated in the year 1979, under the Companies Act, 1956. The equity shares of company are listed on Bombay Stock Exchange Limited (BSE)

The company is an India based leading manufacturer of Polypropylene fabrics and its allied products. It has two manufacturing units located in the city of lakes, Udaipur, Rajasthan; one at Mewar Industrial Area, Madri, Udaipur established in the year 1979 and with a view of expansion the second unit was established in Nai Village, Udaipur district, in the year 1994.

Mewar Polytex Limited was the first company set up under Mewar Group. The company is now an ISO 9001:2008 certified organization and export house.

To cope up with the growing demand for PP fabric in various Industry sectors for packaging and other applications, the Mewar group successfully established manufacturing capability with a capacity of producing over 20000 MT per year with the help of the high performing and diverse workforce level of around 1000 employees accompanied with seasoned set of Individuals as part of our leadership team with a successful blend of experience and intellectual skills.

The Group has ambitious plans for the future and expects its production to grow on a year on year by 20% through inclusion of value added products to serve the industry with optimum quality and innovative products at the most competitive prices.

In addition, Mewar Polytex Limited is a proud member of AIPMA, UCCI and PlexCouncil, such esteemed trade and commerce associations to be regularly updated and cope up with the Industry standards.

Company History

Mewar Polytex Limited was originally incorporated in the year 1979 as a private limited company when the founder of Mewar Group, Mr. B.H.Bapna, an engineer from University of California, returned to India after working for 14 years in USA, designing electric controls systems for Space Crafts.

The manufacturing was initiated with a small set up in Udaipur, Rajasthan capable of producing 200 MT per annum. It was then subsequently converted to a public limited company in the year 1994.

The company is listed on Bombay Stock Exchange (BSE) since dated 12th November, 2001. The Company initiated manufacturing light weight PP sacks for packing minerals and chemicals during a period when HDPE sacks were predominately used.

Board of Directors

Mr. B.H.Bapna (Managing Director)

He is a graduate in Electrical Engineering from M.S.University, Baroda and holds a degree in M.S.E.E. from University of California. After working in US for a period of 14 years, he established Mewar Polytex Limited and Plastic Weave Industries in the year 1979 for Manufacturing of light weight PP Fabric and Sacks. In the year 1993, he promoted Venus Polytex Private Limited (now known as Sun Polytex Pvt. Ltd.) and OBS Industries for Manufacturing of PP/ HDPE Laminated and Unlaminated Fabric and Sacks. He is a pioneer in introducing Polypropylene in woven sacks manufacturing industry at a time when woven sacks were made using HDPE.

He is actively associated with the Udaipur Chamber of Commerce and Industry (UCCI) and has served as president of the same. He has also served as the president of Rotary Club Udaipur and the Mahaveer International Club of Udaipur and is presently associated with various other social and religious organizations.

He is the Managing Director of the Company since 1994 and also a member of the Audit Committee.

Mr. Vinod Bapna (Director)

He is highly energetic and experienced business executive. After obtaining his graduation degree in Electrical Engineering from Vikram University, Ujjain; he worked for the year 1977 to September, 1978 at Gwalior Rayon Silk Spinning (Weaving) Mills, NAGDA thereafter in October, 1978 joined Cruiser Pen Company, Bombay.

He has been exposed to large projects right from the start of his career which has been of immense help to the company in acquiring Management, Engineering and project implementation.

He is a Director of the company since December, 1984.

Mr. Sandeep Bapna (Director)

He is a young, dynamic business executive. He graduated in Commerce in the year 1990 and thereafter completed Master's in Management Studies (Finance) from NMIMS University in Mumbai. He specializes in the field of finance and managing the exports of the company.

He is a Director of the company since September, 1990 and is also a member of the Shareholder/Investors grievance Committee.

Mr. R.L. Mehta

He is an Ex-Superintended of Central Excise. He has long and varied experience in Central Excise, Custom and Service tax. He is also the member of the Audit Committee, Nomination and Remuneration Committee and Shareholder's/lnvestor's grievance Committee.

He has been appointed as Director of the Company in December, 2005

Mr. Dinesh Mohanlal Sanghavi

He has a long and varied experience in field of manufacturing. He has been appointed as Director of the Company in November, 2011. He is also the member of the Audit Committee, Nomination and Remuneration Comniittee and Shareholder's/lnvestor's grievance Committee.

Mr. Sumit Kumar Vimal Chand Rathod

He is engaged in the manufacturing of Flair Fountain Pens and Ball Pens. He is a young, dynamic business executive.

He has been appointed as Director of the Company in September, 2014.

Mr. Anik Shah

He is a young, dynamic business executive. He has been appointed as Director of the Company in March, 2006. He is also a member of Nomination ahd Remuneration Committee.

Smt. Shilpa Bapna

She has been appointed as Director of the Company with effect from 19.03.2015 in compliance with the provisions of Clause 49 (II) of the listing agreement and Section 149 of the Companies Act, 2013. She is young, dynamic business executive.

Shri Dinesh Kumar Jain Chief Financial Officer (CFO)

He has been appointed as CFOof the Company with effect from 19.03.2015 in compliance with the provisions of Section 203 of the Companies Act, 2013. He specializes in the field of finance, excise and accounts of the company.

Mewar Group Associate Companies

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