Haldyn Glass Gujarat Limited (HGGL) is a public limited company in India (BSE: 515147) [1] (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.[2] 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.[3]
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.[4] In FY 2008-09, the Company completed its Expansion and Diversification Project to have aggregate capacity of 300 tons per day.[5] 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.[6] 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.[7]
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.[8] The Company has paid Dividend of 18% on the Equity Capital consistent with the earlier year.[9]