The Company was incorporated as `Maxwell Traders and Exporters Limited, company under the Companies Act, 1956 pursuant to Certificate of Incorporation dated August 26, 1980 issued by the Registrar of Companies, West Bengal. The name of the Company was changed to `IGC Foils Limited` pursuant to a Fresh Certificate of Incorporation dated May 19, 1998 issued by the Registrar of Companies, West Bengal. The companies products include all kinds of textiles viz cotton, silk, art silk, rayon, synthetic fibres, staple fibres, polyester, worsted, wool, hemp, yarn, cloth, linen, and other goods and merchandise whether textile felted, netted or looped. The company also deals in all types of ready- made garments, coverings, coated fabrics, textiles, hosiery, silk, merchandise of every kind and description and other production goods, articles and things that are made from or with cotton, nylon, silk, polyester, acrylics, wool, jute and other kinds of fiber by whatever name called or made under any process, whether natural or artificial and by mechanical or other means and all other such products of allied nature made thereof.