Sati Poly Plast Limited was originally incorporated as ‘Sati Poly Plast Private Limited’ as a Private Limited Company, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated July 14, 1999, issued by the Registrar of Companies, Bihar. Subsequently, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on November 1, 2023, the Company was converted from a private limited company to public limited company and consequently, the name of the Company was changed from ‘Sati Poly Plast Private Limited’ to Sati Poly Plast Limited’ with a fresh certificate of incorporation dated December 26, 2023 issued to the Company by the Registrar of Companies-Bihar.
The company is an ISO Certified Company engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. It provides end-to-end solution for various flexible packaging needs. Its range of packaging solutions span a variety of products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods. It utilizes the advanced equipment available and continually invests to maintain the quality of product, process efficiency and the superior service that it is renowned for. Its products are crafted out of an extensive range of industry approved materials such as polyethylene terephthalate, biaxially-oriented polypropylene, polythene, cast polypropylene, foil, paper, bio-degradable films, etc. Since, flexible packaging material predominantly consists of plastic as a major raw material, it aims to manufacture its products sustainably by aiming towards ‘Reuse, Recycle and Upcycle’.
One of the key ways it achieves this is by recycling the waste generated in its flexible packaging production process. This waste is processed and transformed into recycled plastic material, which it does not use in its production process due to low grade quality of recycled plastic material and therefore it sold recycled plastic material in the market for use in various applications. By doing so, it not only reduce the amount of waste sent to landfills but also contribute to the circular economy by reintroducing recycled materials into the production chain. It stringently maintains the processes and accreditation required to ensure the quality needs of the customers it supplies in the food and beverages. It has also installed Automated Machine with Auto Gauge Control with minimum gauge variation specially for Edible Oil Industries.
Business area of the company
Sati Poly Plast is engaged in the manufacturing of flexible packaging material which is multi-functional and caters to the packaging requirements of various industries. It provides end-to-end solution for various flexible packaging needs.
Products of the company
- Roll form packaging
- Pouch form packaging
- Coextruded films
History and milestones
- 1999- 2000: The company was incorporated as a private limited company under the name ‘Sati Poly Plast Private Limited’.
- 2015-16: The company achieved the milestone of Rs 75 crore from Revenue from Operations.
- 2020-21: The company achieved the milestone of Rs 125 crore from Revenue from Operations.
- 2021-22: The company achieved the milestone of Rs 175 crore from Revenue from Operations.
- 2023-24: Conversion of company from Private Limited to Public Limited Company.