FGP Ltd, originally Fibre Glass Pilkington Limited, was established in 1962 and underwent a name change in 1982 following a public issue that reduced foreign ownership. The company is primarily involved in the business of operating a Business Centre and leasing properties. FGP Ltd has a history in manufacturing, having installed plants for producing insulation materials and expanded by acquiring CEAT's glass division in 1993. To address liquidity issues and fund modernization, the company initiated a rights issue in 1995. Notably, its Hyderabad plant holds an ISO 9001 Certification, marking it as a quality leader in the Indian fibreglass industry.
In 2000-2001, FGP Ltd expanded its operations into developing a Business Centre, completed in two phases, and it divested its shares in RPG Itochu Finance Limited in 2008-09, ending its subsidiary status. The company has also secured long-term funding through private placement of Non-Convertible Debentures, indicating a focus on stabilizing and enhancing its ongoing operations.
