Polytex India Limited was incorporated under the Companies Act, 1956 in the year 1987. It is registered with Reserve bank of India as a Non Banking Financial Company. The Equity Shares of the Company are listed at Bombay Stock Exchange. The shares of the company are admitted with both the depositories Central Depository Services Ltd. & National Securities Depository Ltd.
Polytex India Limited is presently engaged in the activities of investments and trading in shares and securities and providing short-term loans and advances. It is one of the fast growing Non Banking Finance Company, is an outcome of the professional entrepreneurship of its Promoters Mr. Arvind Kariya and Mr. Paresh Kariya and their highly experienced and competent management team. Their focus and passion is to establish a high quality, customer centric and service driven finance company catering and valuing the smallest needs of people of India. The association of the company with the finest pedigree investors reflects company’s sustainable growth and synergies.
Arvind Mulji Kariya is a Commerce Graduate from Mumbai University. He has more than 19 years of experience in Stock Market. He has comprehensive knowledge and insight in dealing and settlement procedures. He spearheads the business development functions of the Company He is also actively involved in the human resource management and strategic relationship activities of the Company. He is in-charge of operations and risk management.
Paresh Mulji Kariya is a Commerce Graduate from Mumbai University. He has a capital market experience of more than 17 years. He overlooks the business development in retail, institutional segment, PMS, corporate finance, insurance and franchisees/branches expansion. His areas of expertise are finance, credit and risk analysis and customer service. Over the years, he has built long-term relationships based on Trust, Integrity, and Conviction. He believes that: Only with self-confidence, integrity, and undying passion can one be successful. It is only through effective delegation that one can value a person and reward his/ her competency.
‘Sustainability Development is meeting the needs of the present without compromising the ability of future generations to meet their needs.’
In all its sustainability reports the main focus is essentially on the following three points:
‘People’ refers to fair and beneficial business practices with respect to labour, the community and the region in which a corporation conducts its business.
‘Planet’ refers to sustainable environmental practices. It is a company that endeavours to benefit the natural order as much as possible or, at the least, do no harm and curtail environmental impact.
‘Profit’ is the bottom line shared by all commerce, conscientious or not. In the original concept, within a sustainability framework, the profit aspect needs to be seen as the economic benefit enjoyed by the host society.
CORPORATE SOCIAL RESPONSIBILITY
Companies still thinking about the environment as a social responsibility rather than a business imperative are living behind the times. Corporate Social Responsibility is a voluntary decision that the entrepreneurial leadership of every company must make on its own.
We sincerely believe that the actions of the organisation and its community are highly interdependent. As our Corporate Social Responsibility we actively believe in implementing programs and initiatives for the betterment of society, communities, and the environment.
We encourage and recognise our employees for volunteering with the spirit of serving and sharing with the community.