Commercial Credit Report for Hindustan Adhesives Ltd

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	Hindustan Adhesives Ltd
B - 2/8
Phone: +91 1141650347p:+91 1141650347	DELHI, 110029 India	Ticker: 514428514428

Business Summary

Hindustan Adhesives Limited is an India-based company, which is engaged in the business of manufacturing adhesives tape, biaxially oriented polypropylene films (BOPP) film and Polyolefin Shrink Film. The Company is also an integrated producer of carton sealing tapes in the country and has production facilities for making BOPP adhesive tapes with both acrylic and hot-melt technology. It also has its own adhesive making facility along with facilities for making paper cores and cartons in-house, besides multiple printing equipment, slitting and spooling facilities to make import substitute products for both the domestic and international markets. The Company also produces various types of specialty tapes, such as filament tapes, carry handle tapes, tear tapes and tamper evident tapes, among others. The Company’s plants are located at Gautambudh Nagar District, Uttar Pradesh; Haridwar District Uttarakhand, and Mundra District, Gujarat.

(Source: F-4)

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	Yes	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	3/31/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2671	Packaging paper and plastics film, coated and laminated

Officers and Directors

Title	Name	Title Date	Start Date
Compliance Officer, Company Secretary	Amit K.Jha	11/14/2022	11/14/2022
Managing Director, Executive Director	MadhusudanBagla
Director - Executive Director	SureshAjila	4/30/2010	4/30/2010
6 additional Officers and Directors records available in full report.

General Information

Number of Employees:	332	(As of 3/31/2023)
Outstanding Shares:	5,116,300	(As of 9/30/2023)
Shareholders:	9,638
Stock Exchange:	BOM
Fax Number:	+91 1126191358

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