Enrich Industries was incorporated as Jolly Fiscal Ltd. on July 24, 1992. Its name changed to Enrich Finance Ltd. on September 02, 1994 and subsequently on April 23, 1998 the name of the company was changed to Enrich Industries. In 2012 the name of the company was changed from Enrich Industries Ltd. to Anar Industries Ltd.

The company is based in Ahmedabad, Gujarat and undertakes trading in textile products. It also carries investment activity.