JMG Corporation Ltd share Price Today

JMG Corporation Ltd is engaged in the business of manufacturing, processing and dealing in self-adhesive tapes. The company is having their manufacturing facilities located at Sohna, Gurgaon in Haryana. JMG Corporation Ltd was incorporated in the year 1989 as a public company with the name Irplast Adhesive India Ltd. In August 1992, the name of the company was changed to Irplast Adhesives India Ltd. In November 1992, the company implemented a project for the manufacture of pressure sensitive adhesive tapes with installed capacity of 300 lakh sq mts per annum at a cost of Rs 1,372 lakh. In December 1992, the company came out with the public issue to part finance the project. During the year 2002-03, the main plant of company went through some updating and was put in excellent working condition. Also, they made the successful trials for new products, Masking Tape and Paper Label Stock. During the year 2006-07, the company diversified into new business segment and the name of the company was changed from Irplast Adhesives India Ltd to JMG Corporation Ltd to reflect the addition activities done by the company. Also the existing activities of adhesive tapes operate as `Irplast Adhesives Division` of the company. The company plans to make only masking tape as the manufacture of BOPP seems unviable.