About Fibre Foils

Paper is stronger and more versatile than most of us think. We at Fibre Foils leverage the power of foiling and more to create innovative packaging, storage and industrial solutions using paper that is strong, durable and is custom made to suit the needs of our clients.

Fibre Foils Technology manufactures Composite Cans, Fibre Drums, Paper Cores, Textile Tubes and Film Cores. Our products of international standards are available in a wide range of sizes and types to meet the ever changing needs of our customers.

With world class manufacturing facilities, at Khopoli in Maharashtra State, Bhiwadi in Rajasthan state and Bangalore in Karnataka State, Fibre Foils offers products of international standards, in a wide range of sizes and types to meet the requirements of various industries. This multi-location aspect provides unique benefits in terms of accessibility, efficiency and transportation costs to companies whose production plants and markets exist across the nation.

Major users of these products include manufacturers of Snack Foods, Health Drinks, Pharmaceuticals, Spices, Metal & Engineering and other products.

The company was started in 1969 and has over four decades of serving reputed domestic and MNC clients. The company is ISO 9001 2008 certified by TUV with design and development certification.

The qualities that give us a distinctive edge are:

  • Custom solutions: All packaging is tailor made to suit our customer’s needs
  • Eco-Friendly: We only use completely biodegradable materials
  • Superior capacity: Huge production capacity ensures on time deliveries

Fibre Foils Technology helps companies ‘GO Green’ by providing them with durable, eco-friendly solutions to their packaging needs. We take pride in knowing that our products not only do the job they were designed for but also contribute towards saving the environment.

A state-of-art plant was imported from Europe and commissioned in a new, bigger location Khopoli, near Mumbai. The existing metal component business was also transferred from Fibre Foils to Shetron Limited and Fibre Foils focused on the paper packaging. With Mumbai growing rapidly and the urban areas expanding to include Andheri, FFL faced difficulties in expanding the plants and capacities. The manufacturing unit moved to the new facility at Khopoli near Mumbai in 1992.

The company’s thrust on quality ensured ISO certification for quality, design and development in packaging. FFL kept on adding newer product lines to keep ahead of competitors and added the state-of-art composite can making line in 1990s, well ahead of the food packaging boom and is now ideally positioned to reap the growth.

The Group has always been in the cutting edge of technology and the customer base includes leading national and multi-national manufacturers and brands.

Custom Solutions

Different customers have different needs, this is why our packaging is not of a particular size or shape but rather are custom made to satisfy all the customer’s requirements. Decades of closely collaborating with various companies have given us the experience and know how to customize your packaging. We also help our customers figure out which packaging would be best suited to their products.

Eco-Friendly

With the world becoming more environmentally conscious, it is now almost essential to use packaging that does not harm the environment. All our products are made in such a way that even though they are all completely biodegradable there is no compromise on strength or quality. All our products are guaranteed to suit all your needs and pass even the most stringent quality checks. This is especially helpful to those involved in exporting products to other countries.

Superior capacity

World class manufacturing plants in Khopoli in Maharashtra, Bhiwadi in Rajasthan and Bangalore in Karnataka having the latest technologies ensures that we possess the production capacity to cater to your requirements. We ensure that the growth of your business is not hampered by delays on our part and possess the flexibility to rapidly scale up as per your needs. Having our facilities in different parts of the country has the further advantages of us being able to deliver the packaging quicker, more efficiently and with lower transportation costs.

Fibre Foils Limited, the first company of Shetron Group, was founded in 1969 as a small scale industry, with a factory in MIDC, Andheri, Mumbai. Its first product, a composite can, was developed for a leading detergent powder manufacturer – Vim of Hindustan Lever. Subsequently, customers like Firestone, CEAT, Corn Products, etc were added and truly marked the beginning of composite can industry in India.

The company then diversified into manufacturing paper tubes for cloth winding to textile mill customers like Mafatlals, Khataus, Bombay Dyeing and developed special tubes for winding of leather cloths. In the 1970s, the dry-cell battery industry players like Estrella, GEEP, and Eveready were looking to upgrade to leak-proof batteries to be used in radios and transistors. Fibre Foils leveraged its technical capabilities and power press capacities meant for composite can components to provide a viable alternative suitable for the demanding battery industry.

During 1975-76, it expanded the existing paper product line to cater to the bulk packaging segment in the Chemical and Parma industry. The company developed a new concept, Fibre drums, which was a boon to the industry that was till then using costlier and heavier steel drums. A new company, Bulcan Fibre Drums Private Limited, was incorporated to exclusively cater to this segment.

A state-of-art plant was imported from Germany and commissioned in a new, bigger location in Andheri, Bombay. Subsequently, in the 1980s, this company was merged with Fibre Foils to give better scale and efficiency of operations.

As the battery component was growing exponentially year by year, all major players in the Indian industry switched sourcing to domestic suppliers like Fibre Foils and another competitor, Metalbox. With demand from customers increasing, a separate, dedicated company was floated to exclusively cater to the metal battery jackets and components. The new company was formed in 1980 at Bangalore, with equity participation from the Karnataka government and was named Shetron Metals Limited.

The existing metal component business was also transferred from Fibre Foils to Shetron Limited and Fibre Foils focused on the paper packaging. With Mumbai growing rapidly and the urban areas expanding to include Andheri, FFL faced difficulties in expanding the plants and capacities. The Company bought over in Khopoli near Bambay and moved operations to the new facility in 1992.

The company’s thrust on quality ensured ISO certification for quality, design and development in packaging. FFL kept on adding newer product lines to keep ahead of competitors and added the state-of-art composite can making line in 1990s, well ahead of the food packaging boom and is now ideally positioned to reap the growth.

It now has tubes for the metal, paper, plastic and cloth industries; products for the fibre glass industry; composite cans for the food segment and decorative cans for liquor, cosmetics and other allied industries. The Group has always been in the cutting edge of technology and the customer base includes leading national and multi-national manufacturers and brands.

Our business is packaging and spinning solutions converted at an effective cost which adds value to our customer’s products and is delivered on time. We incorporate flexibility in thought and manufacturing using recycled materials as our primary raw material.

  • Superior design capabilities
  • Highly skilled and qualified manpower
  • Multi-location
  • Best testing facilities
  • Fully automated machines
  • In-house research and development
  • Large export customers who consider our dependability a virtue
  • Diwakar Shetty: Founder and Chairman
  • Daksharaj Shetty: Managing Director
  • B.K. Shetty: Director-Commercial
  • Vinayak Parulekar : Khopoli Plant Incharge
  • M.C. Kumar : Bengaluru Plant Incharge
  • Ashwani Yadav : Bhiwadi Plant Incharge

Khopoli Plant Unit 1:

Address: Village Dheku, Off Khopoli Pen Road Taluka Khalapur Raigad 410203, Maharashtra India.

Tel No.: +91 2192 263408 /410 / 268930

Fax : +91 2192 268619

E-mail : corporate@shetrongroup.com

Khopoli Plant Unit 2:

Address: 205/2, Village Dheku, Off Khopoli Pen Road Taluka Khalapur Raigad 410203, Maharashtra India.

Tel No.: +91 2192 263408 /410 / 268930

Fax : +91 2192 268619

E-mail : corporate@shetrongroup.com

Bengaluru Plant Address:

Address: At Plot No. 515, 4th Phase 2nd Stage, 10th Main, Peenya Industrial Estate Bengaluru - 560 058, Karnataka India.

Tel No.:+91 41170903 / 41179078

Mob : +91 80 41170896

E-mail : corporate@shetrongroup.com

Bhiwadi Plant Address:

Address: At Plot No. SPL-IL, Industrial Area, RICCO Industrial Area, Near RIICO Chawk Bhiwadi, Dist Alwar-301 019 Rajasthan India.

Tel No.: +91 1493 220089

E-mail : corporate@shetrongroup.com

BACKGROUND

Fibre Foils Ltd Corporate Social Responsibility Policy has been framed as per Section 135 of the Companies Act, 2013 on CSR and in accordance with the Companies (Corporate Social Responsibility Policy) Rules, 2014. It represents the continuing commitment and actions of the Company to contribute towards economic and social development and growth. The Policy shall apply to all CSR projects / programmes undertaken by the Company in India as per Schedule VII of the Companies Act, 2013.

OBJECTIVES

The main objective of the CSR Policy is to implement, monitor, review and evaluate CSR activities to achieve the desired outcomes in a transparent manner. Company will act as a good corporate citizen and aims at supplementing the role for Government in enhancing the welfare measures of the society within the framework of its policy and ensure that surplus arising out of CSR initiatives is utilized to further augment CSR agenda and does not form part of Company’s profits.

CSR COMMITTEE

CSR Committee constituted by the Board of Directors of the Company will assist the Board in discharging its social responsibilities by way of formulating, monitoring and implementation of the framework of Corporate Social responsibility Policy and to provide guidance on various CSR activities to be undertaken by the Company and monitoring CSR activities from time to time. The Committee shall make recommendation to the Board of the project/programme to be undertaken within the long term vision and strategy of the Company in respect of CSR activities, amount of expenditure to be incurred, type of activities, roles and responsibilities of various stakeholders etc. Committee will also assist the Board in formulation of a monitoring mechanism for ensuring implementation of the projects/ programmes undertaken or the end use of the amount spent by it towards CSR activities. Committee will meet at-least once a year to review the progress made.

REPORTING

The CSR Committee will review the CSR activities of the Company and will provide progress update to the Board of Directors every six months/such other intervals as deemed fit. The Company will report, in the prescribed format, the details of CSR initiatives and activities of the Company in the Directors' Report and on the website of the Company, as required under the Regulations. Such reporting will be done, pertaining to financial year(s) commencing on or after the 1st day of April 2019.

SOURCE OF FUNDING

The corpus to be spent on CSR shall include at least 2% of the average net profits of Company’s India operations for preceding three financial years. “Net profit” means the net profit as per the financial statement of the company and calculated as per the provisions of section 135 of the Companies Act, 2013 and Rules made there-under and Schedule VII of the Act. Any surplus arising out of the CSR projects or programmes or activities shall not form part of business profits of the Company.

CSR EXPENDITURE

The CSR Committee will decide on the budget allocation for CSR projects and programmes and the instalments for disbursement of amount. CSR expenditure will include all expenditure, direct and indirect, incurred by the Company on CSR programmes undertaken in accordance with the approved CSR plan. Moreover, any surplus arising from any CSR programmes shall be used for CSR. Accordingly, any income arising from CSR programmes will be netted off from the CSR expenditure and such net amount will be reported as CSR expenditure.

MONITORING

Appropriate documentation and amendments of the CSR Policy, annual CSR activities, reports on execution by CSR Partner(s) and expenditures will be undertaken on a regular basis and same will be available to the Board of Directors of the Company. Initiatives undertaken on the CSR front will be reported in the Annual Report of the Company. The CSR Committee and team authorised by it, will conduct due diligence checks on the current projects/partners on a quarterly basis and report irregularity, if any, immediately.

LIST OF ACTIVITIES FOR CSR WORK

The following is the list of CSR projects or programmes which Fibre Foils Ltd on selective basis plans to undertake in the phased manner as project or one time activities pursuant to provisions of Section 135 and Schedule VII of the Companies Act, 2013 and Rules made there-under :

  • eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation including contribution to the Swachh Bharat Kosh set up by the Central Government for the promotion of sanitation and making available safe drinking water;
  • promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects;
  • promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
  • ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro-forestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set up by the Central Government for rejuvenation of river Ganga;
  • protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts;
  • measures for the benefit of armed forces, veterans, war widows and their dependents;
  • training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports;
  • contribution to the Prime Minister’s National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Caste, the Scheduled Tribes, other backward classes, minorities and women;
  • contributions and funds provided to technology incubators located within academic institutions which are approved by the Central Government;
  • rural development projects;
  • slum area development (slum area shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force).
  • disaster management, including relief, rehabilitation and reconstruction activities.
  • Any other activities which cover under the provisions of Section 135 of the Companies Act, 2013 and the Rules, regulations and clarifications as may be issued by the Central Government from time to time.

Any other measures with the approval of Board of Directors on the recommendation of CSR Committee subject to the provisions of Section 135 of Companies Act, 2013 and Rules made there-under.

GENERAL

Any or all provisions of this CSR Policy would be subjected to revision / amendment as per any guidelines issues by the Government from time to time and / or recommended by the CSR Committee and approved by the Board of Directors. Company reserves the right to modify cancel, add or amend the rules / provisions specified in the CSR Policy.

EEFECTIVE DATE AND APPROVAL OF THE CSR POLICY

The CSR Policy has been approved by the CSR Committee and Board of Directors which shall be effective from 15th November, 2019.

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CSR Activities