The company was incorporated as 'Gujarat Hy-Spin Private Limited' at Gujarat as a private limited company under the provisions of the Companies Act, 1956 with Certificate of incorporation dated February 01, 2011 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently the Company was converted into a Public Limited Company pursuant to special Resolution passed at the Extra-Ordinary General Meeting of the Company held on June 13, 2016 and the name of the company was changed to 'Gujarat Hy-Spin Limited' A fresh Certificate of Incorporation consequent upon conversion to public limited company by Registrar of Companies on August 5, 2016.

Business area of the company:

The company is engaged in manufacturing of cotton yarns. It started with trading of Cotton Bales, Cotton Seeds and Wash Oil and in 2013 moved to manufacturing of cotton yarns mainly in domestic market and third party exports. The company sells cotton yarns to the traders who further sell it to other Industrial units for weaving and other purposes. It also sells directly to Industrial units for weaving purpose. The ocmpany’s manufacturing plant is spread 15381.28 square meters which is well equipped with plant and machinery such as Blow room, Humidification facility, Contamination sorter, Link Conner etc.

Key Events and Milestones:

• 2011:  Incorporation of company.
• 2013:  Commencement of Commercial Production for yarn manufacturing.
• 2016:  Conversion of company from Private Limited to Public Limited.