Arrow Greentech Limited, a pioneer in anti-counterfeit and eco-friendly film solutions, has officially announced that it has been granted a European patent for its “Dual-Color Shift Security Film”, a significant technological advancement in the field of document and currency security. The patent, number EP4182173, was granted on 30th April 2025 by the European Patent Office (EPO).

The patent was originally filed under the name of Mr. Shilpan Patel, Chairman and Managing Director of Arrow Greentech. However, through a Deed of Assignment dated 17th February 2024, all rights have been fully transferred to Arrow Greentech Ltd. The announcement was made via an official communication to both BSE and NSE on 22nd May 2025.

About the Patent and its Significance

The Dual-Color Shift Security Film is an innovative security solution aimed at curbing the increasing menace of counterfeit documents. The film changes colors when viewed from different angles—a phenomenon known as optical variability. This dual-color shift significantly enhances the difficulty of duplication and counterfeiting, offering a more secure alternative to traditional single-color films.

According to Arrow's IP Cell, this invention is specifically engineered for use in:

• Banknotes

• Share certificates

• Government bonds

• Stamp papers

• Passports and ID documents

• Cheque leaves

• Academic certificates

The patented security film not only adds an advanced layer of visual authentication, but also allows for easy verification without special tools, making it a valuable tool for both government agencies and private sector applications. Additionally, the film can be slit into security threads, enhancing its adaptability and integration into various document types.

Strategic Implications for Arrow Greentech

The acquisition of this patent reinforces Arrow Greentech’s position as a technology-driven, IP-intensive enterprise. The company is already well-regarded for its specialized coatings, casting films, and eco-friendly products, and this new patent further expands its portfolio of proprietary anti-counterfeit solutions.

With this grant, Arrow Greentech aims to:

• Commercialize the technology through licensing or in-house production.

• Collaborate with national and international governments, printing agencies, and corporate entities.

• Leverage the European patent to penetrate EU markets more efficiently.

Arrow’s research and development team has years of expertise in coatings, security printing, and polymer films, providing it with the necessary technical strength to not only develop such inventions but also scale them up for commercial use. The company reiterated its commitment to protecting its intellectual property, and upholding global IP standards while innovating in security technologies.

Forward-looking Statements and Business Outlook

In the Safe Harbor Statement, Arrow Greentech emphasized that certain comments in the announcement are forward-looking in nature and are subject to risks and uncertainties. These statements include, but are not limited to, the potential commercialization, licensing, and global deployment of the patented film.

Arrow has stated that while the company does not assume any obligation to update these forward-looking statements, it remains committed to exploring strategic pathways for bringing this security technology to global markets. The firm is also actively looking into aligning its patent portfolio with regulatory and compliance standards across various jurisdictions to ensure smooth rollout.

About Arrow Greentech Ltd

Incorporated in 1992, Arrow Greentech is headquartered in Mumbai, Maharashtra, with manufacturing units in Ankleshwar, Gujarat. It is known for developing and manufacturing innovative eco-friendly films, water-soluble films, and anti-counterfeit solutions. The company’s products have found applications across pharmaceuticals, agriculture, security printing, and industrial packaging.

Arrow’s core philosophy lies in “sustainable innovation”, and it continues to focus on R&D-driven growth. The company has a consistent track record of investing in intellectual property, with multiple patents granted in India and internationally.

Conclusion

The grant of the European patent for the Dual-Color Shift Security Film marks a pivotal milestone for Arrow Greentech Ltd. Not only does it showcase the company's capability in high-end R&D and innovation, but it also opens doors to potential partnerships in Europe and other international markets where document security is of paramount importance.

With rising concerns over document forgery and identity theft, such technologies are expected to witness increasing demand globally. By offering a solution that is both cost-effective and technologically superior, Arrow Greentech is strategically positioning itself at the forefront of the global anti-counterfeiting market.

As the company gears up to commercialize this innovation, stakeholders, investors, and industry experts will be watching closely to see how Arrow leverages this development to drive growth and create long-term value.

The Upcoming IPOs in this week and coming weeks are Neptune Petrochemicals, Aegis Vopak Terminals, Schloss Bangalore, Astonea Labs, Nikita Papers, Prostarm Info Systems, Victory Electric Vehicles International, Blue Water Logistics, Wagons Learning.

The Current active IPO are Unified Data - Tech Solutions, Dar Credit and Capital, Belrise Industries, Borana Weaves.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.