Formation of Penta Autofeeding India Limited, a Joint Venture with Penta S.r.l. Italy

Recognition of “R & D facilities” at Kachigam, Daman by Department of Scientific and Industrial Research, Government of India

Acquisition of minority stake in equity & debt securities of GEC.   Renewal of technology agreement with BC

New Unit for manufacturing of Film plants at Dunetha, Daman

Sub division of Equity Shares from face value Rs 10 to Rs 5 per share and Issue of Bonus Shares ( 1 : 1)

Technology for Blown Film Plant from Gloucester Engg Co., (GEC), USA

New Technical Collaboration with BEX and American Maplan.  Issue of 14 % equity stake to the collaborators

Issue of Bonus Shares (1 : 1)

Accredited with ISO 9000 certification

Star Export House Status awarded by Govt. of India

Listing on NSE

Public issue of Equity Shares & listing on BSE

First twin Screw extruder manufactured with BEX technology at Vapi Plant.

Technical Collaboration with Battenfeld Extrusiontechnik,  Germany (BEX) now known as Battenfeld Cincinnati (BC)

Incorporation of Kabra Extrusiontechnik Ltd (KET); A dedicated machinery division of Kolsite Group.

Formation of Kolsite Group; Working as an independent unit