Incorporated in 1972 as a partnership firm, MPL Plastics Limited, formerly known as Milton Plastics Limited was converted into a Public Limited Company on May 1st, 1992. The name of the Company was changed from Milton Plastics Limited to MPL Plastics Limited with effect from December 12, 2014.
The Company is having manufacturing unit at Silvassa. It carries out the activity of jobwork/processing work of plastic and thermoware products.
The company manufactures a range of plastic household items, insulated thermoware items, vacuum flasks, blossomates, and components and fitments for the automobile industry and various engineering products made from plastics. It launched Funny Bunny baby care product range which includes about 36 baby care products. The product range also includes chinaware and glassware. The company's products are sold under the Milton brand name.
Historically, the Company was the first to launch the Thermoware range in India, by developing its own technology and technical know-how and pioneered the Thermoware segment. In 1995, it entered into a joint venture with the Hong Kong-based Electricals and Electronics (EEL), to launch domestic appliances like sandwich toasters, hand mixers, hair dryers, etc.
In 1999, the company introduces six new product ranges namely Microwavable Containers of various sizes, Non-stick ware, Water Purification System, Soft Thermoware Products, Pet Bottles/Jars of various sizes and shapes and Glass Based Tea and Dinnerwa ...re.
The Board of Directors have decided to close down some of the non-core activities namley polymers trading and lease/finance activities.
The Company made a preferential issue of 32,50,000 shares to Sweet Solutions Limited a business associate of the promoters of the Company. By issuing to above business associate the stake of the promoters was increased by 26% as against NIL % in previous year. During 2001-02 the company made a reference to BIFR as networth of the company was fully eroded.
The Company closed down its operations at Silvassa & Pune plant during 2023-24. The Company's manufacturing operations had stopped completely since Plant & Machinery, Land & Building, Warehouse at Pune had been sold during the FY 2024.
FAQs on MPL Plastics Ltd
1. Can I buy MPL Plastics Ltd from PL Capital? ›
Yes, you can invest in MPL Plastics Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track MPL Plastics Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade MPL Plastics Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does MPL Plastics Ltd pay dividends? ›
MPL Plastics Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of MPL Plastics Ltd ? ›
As of
09-Apr-2026 , 16:01:44 the share price for MPL Plastics Ltd. is ₹ 5.99 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of MPL Plastics Ltd ? ›
The 52-week high and low of MPL Plastics Ltd share price is ₹ 5.28 - ₹ 11.9 as of
09-Apr-2026 , 16:01:44 .
