Maxwell Engineering Solutions Ltd.

Use of Proceeds

About the Company

Our company is a precision engineering company engaged in the business of manufacturing, trading and servicing ofcritical components for underwater pelletizing systems. Our company manufactures pelletizing die plates, pelletizingblades/knives, blade holders/cutter hub, tapped driving bush for underwater pelletizing systems and other spare items. Ourold manufacturing facility was situated at Shed No. 336/34/1-A, GIDC, Makarpura, Vadodara, Vadodara, Gujarat, India,390010, India. Currently, we have shifted to our new manufacturing facility located at Plot 939 & 940, Waghodia GIDC,Vaghodia, Vadodara-391760, Gujarat, India. We have extensive experience in the compounding, masterbatches, recycling,petrochemicals, bioplastics, etc industries and we manufacture wide range of products which includes pelletizing die plates,pelletizing blades/knives, blade holders/cutter hub, tapped driving bush, and other spare items. Our object is to deliverquality products with reliable delivery schedule, ensuring that we meet the expectations of our regional and globalcustomers setting up standards for excellence and innovation. We also provide customized solution as per the requirementof the customers. The Company also offers its products on a white-label basis, enabling other businesses to market and sellthem under their own brand, while still benefiting from the Company’s manufacturing expertise. The company has enteredinto agreements with selected job workers to carry out specific processes related to our manufacturing processes. Underthese arrangements, the company provides the necessary raw materials, while the job workers perform various operationssuch as fabrication, welding, painting and other ancillary operations.