The Company was originally incorporated as a public limited company under the name and style of “Peacock Continental Limited” at Udaipur Rajasthan, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated April 20, 1992 issued by the Registrar of Companies, Jaipur Rajasthan. It commenced commercial operations pursuant to a Certificate of Commencement of Business dated November 04, 1992. The name of the company was changed to “Sah Polymers Limited”. Consequent upon change of name a fresh Certificate of Incorporation dated July 24, 1998 was issued by Registrar of Companies, Jaipur Rajasthan.

The company is an ISO 9001:2015 certified company, primarily engaged in manufacturing and selling of Polypropylene (PP)/ High Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/PP woven fabrics, based products of different weight, sizes and colours as per customers specifications. It offers customised bulk packaging solutions to business-to-business (“B2B”) manufacturers catering to different industries such as Agro Pesticides Industry, Basic Drug Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry, Textile Industry Ceramic Industry and Steel Industry. Besides, the company is a Del Credere Associate cum Consignment Stockist (DCA/ CS) of Indian Oil Corporation Limited and also operates as Dealer Operated Polymer Warehouse (DOPW) of Indian Oil Corporation Limited for their polymer division. It enters into arrangements as third-party manufacturers to manufacture its tape and fabric based on customers’ requirements.

The company has two business divisions (i) domestic sales; and (ii) exports. It has presence in 5 states and 1 union territory for its domestic market. Internationally, the company exports its products to countries such as Algeria, Togo, Ghana, Poland, Portugal, France, Italy, Dominican Republic, USA, Australia, UAE, Palestine, UK and Ireland. Presently, the company has one manufacturing facility located at Udaipur, Rajasthan. Over the years, it has made investments, from time to time, in its manufacturing infrastructure to support its product portfolio requirements and its reach.

Business area of the company

Sah Polymers is a leading PP Woven Bags Manufacturer in India (Udaipur, Rajasthan). It manufactures and exports PP Woven Bags and HDPE Box Bags, Flexible Intermediate Bulk Containers (FIBCs), and BOPP Laminated Bags.

Key Awards, Certifications, Accreditations and Recognitions

• 2001: Received Certificate of Import- Export Code (IEC).
  
• 2012: Received ISO 9001:2015 Certification.
  
• 2012: Obtained registration under Secretariat for Industrial Assistance.
  
• 2017: Received Star Export House Certificate.
  
• 2020: Obtained Udyog Aadhar Memorandum/ Entrepreneurs Memorandum.
  
• 2022: Obtained the Certificate of Membership for FIBCA ( Flexible Intermediate Bulk Container Association) for the year 2022.
  

Key events and milestones

• 1992: ‘Peacock Continental Limited” started its journey to manufacture plastic goods as per the Object clause of MOA.
  
• 1998: Takeover of Assets, rights, comprising of land, building , plant and machinery etc. on going concern basis from Peacock Industries Limited pursuant to business Purchase agreement dated July 23, 1998.
  
• 1998: Change of name from Peacock Continental Limited to Sah Polymers Limited.
  
• 1998: Transfer of erstwhile lease agreement of E-260-261 Mewar Industrial Area Madri Udaipur, Rajasthan, with Rajasthan State Industrial Development & Investment Corporation from Peacock Industries to Sah Polymers.
  
• 2015: SAT industries, listed on BSE acquired 85,21,430 shares representing 54.63% of shareholding of the company from the shareholders viz. Lion Houseware, Park Continental and Sat Invest. Thereafter Sat Industries has been identified as its Corporate Promoter in certain Public filings of Company.
  
• 2015: The Company exported products to Poland amounting to Rs 3.38 crore which constituted 7.96% of total turnover of about Rs 42.54 crore.
  
• 2019: Amalgamation of the company’s wholly owned subsidiary, Sat E-Com Limited (SEL) with the Company under section 233 of the Companies Act, 2013, by Order number (02)/2020- 21/753 dated 21/08/2020 of the Regional Director, North Western (RD-NW), Ministry of Corporate Affairs, Ahmedabad subject to all the necessary statutory / regulatory approvals.
  
• 2022: Acquisition of 33,884 equity shares aggregating to 51.01% of paid up capital of Fibcorp Polyweave by way of transfer and rights issue pursuant to which it became Subsidiary on January 05, 2022.