- Business
- Krishna Filament Industries Ltd. manufactures synthetic ropes made from polypropylene (PP) and high-density polyethylene (HDPE), along with twine and nets produced from the same raw materials; the company previously operated in the HDPE/PP ropes business but currently maintains limited significant operations. Incorporated in 1988 and headquartered in Thane, Maharashtra, India, with facilities associated with Betegaon Village, Boisar (E), Taluka Palghar, the company serves industrial markets primarily within India. It changed its name from Mavi Industries Limited in August 2020, marking a key reorganization following its original incorporation as Orkays Rope Manufacturing Company Limited. Recent developments include routine board meetings for quarterly financial results, such as the approval of unaudited Q1 FY2026 results showing minimal revenue and losses, alongside compliance filings under SEBI regulations and an annual general meeting held on September 30, 2024; no major partnerships, acquisitions, funding rounds, or new product launches have been reported in the last 1-2 years.