Usmania Glass Sheet Factory Limited

The company was initially incorporated on June 30, 1959, as a private limited company with the primary objective of establishing and operating a glass sheet factory. The goal was to involve a larger section of the public in the growing glass industry. It was later converted into a public limited company on October 27, 1962, and has been conducting business satisfactorily since its inception. Following the independence of Bangladesh, the government placed the company under the control and management of Bangladesh Chemical Industries Corporation, as per the Bangladesh Industrial Enterprises (Nationalization) Order, 1972 (P.O.No.27 of 1972). In line with the government's policy, 49% of the company's shares were offered for public subscription in 1987, following the re-valuation of assets and finalization of the company's net worth. The financial restructuring was undertaken by the Government of the People's Republic of Bangladesh under P.O.No.27 of 1972, as amended by the Bangladesh Enterprise (Nationalization) (Amendment) Ordinance, 1987 (Ordinance No.VII of 1987). The company's factory is located at Kalurghat Industrial Area, Chittagong, on a 9.8-acre plot of land. It has the capacity to annually produce 201.00 Lac square feet (sft) of glass sheets with varying thicknesses from 2mm to 6mm. The company benefits from various infrastructural facilities, including gas, electricity, and water.