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The company was incorporated on 24th February, and the certificate of commencement of business was obtained on 21st March. The company was engaged in the manufacture of Bi-axially oriented polypropylene (BOPP) films.
The company was promoted in joint sector by Max India Ltd., Ranbaxy Laboratories Ltd., Montari Industries Ltd. and Punjab State Industrial Development Corporation Ltd. The Company undertook to set up a project for the manufactuof 2,000 tonnes per annum of BOPP film.
Following amalgamation, the Company organised its business and designated them under four groups as follows: Max Pharma, Max Electronics, Maxxon BOPP Films, Max Telecom, Maxus Photon, OTP Celebration.
The Max-GB Ltd. is a 50:50 joint venture formed with Gist-Brocades International BV of the Netherlands. It manufactures and markets Penicillin based drug intermediates (6-APA and 7-ADCA) and bulk drugs (Ampicillin, Amoxycillin and Cephalexin, Application Swift, Group BBK).
During January, the Company issued 14,50,000-12% secured convertible debentures of Rs 100 each as follows: (i) 2,90,000 debentures to the resident and non-resident shareholders of the promoter companies (all were taken up).
The remaining 10,87,500 debentures, along with 67,550 debentures not taken by employees, were offered to the public. All were taken up. Part-A of Rs 20 of each debenture was to be converted into 2 equity shares of Rs 10 each at par upon allotment of debentures.
The company was promoted in joint sector by Max India Ltd., Ranbaxy Laboratories Ltd., Montari Industries Ltd. and Punjab State Industrial Development Corporation Ltd. The Company undertook to set up a project for the manufactuof 2,000 tonnes per annum of BOPP film.
The company was incorporated on 24th February, and the certificate of commencement of business was obtained on 21st March. The company was engaged in the manufacture of Bi-axially oriented polypropylene (BOPP) films.
Basic Plan
$ 150
One hour of consultations
Work permits for aliens
Drawing up business plans
Analysis of existing
Standard Plan
$ 250
One hour of consultations
Work permits for aliens
Drawing up business plans
Analysis of existing
Premium Plan
$ 550
One hour of consultations
Work permits for aliens
Drawing up business plans
Analysis of existing