Shri Jagdamba Polymers Ltd

Shri Jagdamba Polymers Limited is a public limited Company incorporated in May 21, 1985. The Company is engaged in business of technical textile, geo textile and other allied products i.e., manufacturing of PP/ HDPE woven and nonwoven fabrics and bags.During the year 2016, the Company had availed Rs. 825.69 lacs as term loan and repaid Rs. 295.06 lacs against term loan.The Company raw material, which was sent on job having approx value of Rs. 399.22 lacs has been destroyed in fire which took place on 10th May 2016 at the premises of the job contractor. The company had adequate insurance of the said material and company do not anticipate any loss from this incidence in FY16.During the year 2017, the Company had availed Rs 1446.88 lacs as term loan and repaid Rs 621.19 lacs against term loan.