Haldyn Glass
Encyclopedia
Haldyn Glass Gujarat Limited (HGGL) is a public limited company
in India
(BSE: 515147) (ISIN Code 506D01012) manufacturing clear glass bottles and containers. The company is promoted by Haldyn Glass Limited and has its manufacturing plant in Baroda (Vadodara
), Gujarat while its administrative office is located in Andheri East, Mumbai
.
Haldyn Glass Gujarat Limited (HGGL) was incorporated in the year 1991. The promoter Haldyn Glass Limited has been in Soda Lime Flint & Amber Glass containers manufacturing since the year 1964. Mr. N.D. Shetty is the Chairman and Managing Director (CMD) of the company. Mr. Tarun N. Shetty, Director of the company has been appointed as a Whole Time Director of the company with effect from August 1, 2009.
The manufacturing plant of HGGL is located at village Gavasad, taluka Padra, Vadodara, in the state of Gujarat, India. The company installed and started a new furnace of capacity 100 tons per day in March 2008, before which it had a 165 tons per day capacity plant. In FY 2008-09, the Company completed its Expansion and Diversification Project to have aggregate capacity of 300 tons per day. The Company has flexibility to manufacture Glass Bottles of various sizes, shapes and colours.
The company has clients in industries like food, pharmaceutical, chemicals, cosmetics, liquor, and beverages industries. The company has also been exporting its products.
HGGL has successfully implemented the Integrated Quality Management System
consisting of ISO 9001:2000
and ISO 14001:2004
enabling consistent high quality supplies and support clean environmental performance.
In the year ended 31 March 2009, the company attained total income of about Rs 105 Crores with Net Profit of Rs 6.84 Crores. During the previous year (FY 2008), total income had been Rs 67 Crores while Net Profit stood at Rs 8.07 Crores. The Company has paid Dividend
of 18% on the Equity Capital consistent with the earlier year.
Public limited company
A public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....
in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
(BSE: 515147) (ISIN Code 506D01012) manufacturing clear glass bottles and containers. The company is promoted by Haldyn Glass Limited and has its manufacturing plant in Baroda (Vadodara
Vadodara
Vadodara formerly known as Baroda is the third most populated city in the Indian State of Gujarat . It is one of the four cities with the population of over 1 million...
), Gujarat while its administrative office is located in Andheri East, Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...
.
Haldyn Glass Gujarat Limited (HGGL) was incorporated in the year 1991. The promoter Haldyn Glass Limited has been in Soda Lime Flint & Amber Glass containers manufacturing since the year 1964. Mr. N.D. Shetty is the Chairman and Managing Director (CMD) of the company. Mr. Tarun N. Shetty, Director of the company has been appointed as a Whole Time Director of the company with effect from August 1, 2009.
The manufacturing plant of HGGL is located at village Gavasad, taluka Padra, Vadodara, in the state of Gujarat, India. The company installed and started a new furnace of capacity 100 tons per day in March 2008, before which it had a 165 tons per day capacity plant. In FY 2008-09, the Company completed its Expansion and Diversification Project to have aggregate capacity of 300 tons per day. The Company has flexibility to manufacture Glass Bottles of various sizes, shapes and colours.
The company has clients in industries like food, pharmaceutical, chemicals, cosmetics, liquor, and beverages industries. The company has also been exporting its products.
HGGL has successfully implemented the Integrated Quality Management System
Quality management system
A quality management system can be expressed as the organizational structure, procedures, processes and resources needed to implement quality management.-Elements of a Quality Management System:# Organizational structure# Responsibilities# Methods...
consisting of ISO 9001:2000
ISO 9000
The ISO 9000 family of standards relates to quality management systems and is designed to help organizations ensure they meet the needs of customers and other stakeholders . The standards are published by ISO, the International Organization for Standardization, and available through National...
and ISO 14001:2004
ISO 14000
The ISO 14000 environmental management standards exist to help organizations minimize how their operations negatively affect the environment The ISO 14000 environmental management standards exist to help organizations (a) minimize how their operations (processes etc.) negatively affect the...
enabling consistent high quality supplies and support clean environmental performance.
In the year ended 31 March 2009, the company attained total income of about Rs 105 Crores with Net Profit of Rs 6.84 Crores. During the previous year (FY 2008), total income had been Rs 67 Crores while Net Profit stood at Rs 8.07 Crores. The Company has paid Dividend
Dividend
Dividends are payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders. When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business , or it can be distributed to...
of 18% on the Equity Capital consistent with the earlier year.
See also
- GlassGlassGlass is an amorphous solid material. Glasses are typically brittle and optically transparent.The most familiar type of glass, used for centuries in windows and drinking vessels, is soda-lime glass, composed of about 75% silica plus Na2O, CaO, and several minor additives...
- Glass productionGlass productionGlass production involves two main methods - the float glass process, which produces sheet glass, and glassblowing which produces bottles and other containers.-Glass container factories:...
- Blow moulding
- Borosilicate glassBorosilicate glassBorosilicate glass is a type of glass with the main glass-forming constituents silica and boron oxide. Borosilicate glasses are known for having very low coefficients of thermal expansion , making them resistant to thermal shock, more so than any other common glass...
- Beer bottleBeer bottleA beer bottle is a bottle made to contain beer, usually made of glass.Bottled beer has been in use since as early as the 16th century. Beer bottles come in various sizes, shapes and colours....
- Wine bottleWine bottleA wine bottle is a bottle used for holding wine, generally made of glass. Some wines are fermented in the bottle, others are bottled only after fermentation. They come in a large variety of sizes, several named for Biblical kings and other figures. The standard bottle contains 750 ml,...
- Glass recyclingGlass recyclingGlass recycling is the process of turning waste glass into usable products. Glass waste should be separated by chemical composition, and then, depending on the end use and local processing capabilities, might also have to be separated into different colors. Many recyclers collect different colors...
- History of glassHistory of glassThe history of glassmaking can be traced back to 3500 BCE in Mesopotamia.-Origins of glass making:Naturally occurring glass, especially the volcanic glass obsidian, has been used by many Stone Age societies across the globe for the production of sharp cutting tools and, due to its limited source...
External links
- Official website of Haldyn Glass http://www.haldynglass.com
- BSE Announcements, Year 2008 http://www.bseindia.com/xml-data/corpfiling/announcement/Haldyn_Glass_Gujarat_Ltd_031108.pdf