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सोलर एक्सप्लोसिव्स > कंपनी इतिहास > Chemicals > कंपनी इतिहास का सोलर एक्सप्लोसिव्स - बीएसई: 532725, NSE: SOLARINDS

सोलर एक्सप्लोसिव्स

बीएसई: 532725  |  NSE: SOLARINDS  |  ISIN: INE343H01029  |  Chemicals

कंपनी इतिहास - सोलर एक्सप्लोसिव्स
The company Solar Explosives Limited was incorporated in the 
 year 1995 by Mr.Satyanarayan Nuwal, Nandlal Nuwal and 
 Kailashchandra Nuwal.
 
 The journey of Solar Group started in the year 1984 when a
 proprietary 
 firm Solar Explosives was formed by Mr.Satyanarayan Nuwal for trading
 in 
 Explosives . In this year one of the , then largest Indian Explosive
 
 manufacturing company awarded its first consignment agency to Solar 
 Explosives. In the year 1985 Economic Explosives another proprietary
 firm 
 was formed at Sholapur for trading of Explosives and Accessories made
 by 
 companies other companies. During the year 1991, they became one of
 the 
 largest dealers of detonators and Explosives manufactured by other
 reputed 
 companies.
 
 By the year 1996, Solar established an effective trade network as
 well as 
 Institutional market.
 
 Banking on strong marketing network and manufacturing experience
 gained 
 in Solar Carbons the Group entered into manufacturing of Explosives
 by 
 incorporating Solar Explosives Limited at Nagpur in the year 1996. In
 1997 
 the promoters started manufacturing Detonators under Economic
 Explosives 
 Limited. Also in 1997 the promoters started manufacturing non
 Explosive 
 component required for manufacturing detonators under Solar
 Components 
 Private Limited. In the year 2000 the promoters under Solar Capitals
 Limited
 started manufacturing of Bulk Explosives.
 
 In September 2005, Solar Explosives Limited acquired all the shares
 from 
 the promoters of Economic Explosives Limited, Solar Capitals Limited
 and 
 Solar Component Limited by swapping their holding with the shares of
 Solar 
 Explosives Limited to make the three companies its wholly owned
 subsidiary.
 
 Year     Key Events, Milestones and Achievements
 
 1984    Solar Explosives started trading of Explosives and
 Accessories 
             at Chandrapur and received consignment agency from
 leading 
             manufacturing company.
 
 1985    Established Economic Explosives at Sholapur for trading of
 Explosives 
             and Accessories made by various companies.
 
 1996    Solar Explosives Limited started production with License
 capacity of 
             6000MT.
 
 1997     Incorporation and Commencement of Solar Component Private
 Limited.
 
 1998     Economic Explosives Limited started production with License
 capacity 
              of 30 Mn.Nos Detonators.
 
 2000     Started Bulk Plant of Solar Capitals Limited in Waidhan with
 capacity 
              6000MT.
 
 2001      Imported first Kartridge Pack Machine from USA for
 cartridge Explosives.
               Started Bulk Plant of Solar Capitals Limited in
 Chandrapur with capacity 
               of 7750MT.
 
 2004      Imported the first of its kind high efficiency Cartridge
 Pack Machine
               Introduction of PETN in Solar Explosives Limited. 
               Introduction of Cast Boasters in Solar Explosives
 Limited.
               Executed the first export order of Solar Explosives
 Limited.
 
 2005      Started Production at Solar Capitals Limited Korba with
 license of 6000MT.
               Product of Solar Explosive Limited well accepted in the
 Export market 
               and executed order worth 10 times of the last years
 order.
 
 2006
 
 -Solar Explosives Ltd has informed that the following Directors have
 resigned from the Board.
 
 1. Mr. Manish Nuwal (Resigned as Executive Director).
 
 2. Mr. J F Salve (resigned as Independent Director).
 
 2009
 
 -Company name has been changed from Solar Explosives Ltd to Solar
 Industries India Ltd.
 
 2010
 
 -Solar Industries India has recommended 35% Final Dividend 
 
 2011
 
 -Solar Industries has approved the Final Dividend of 40%
 
 2012
 
 -Solar Industries has recommended the Final Dividend of 50%
 
 2013
 
 - The Company has recommended the Final Dividend of 60% i.e. Rs. 6
 per share on equity share of Rs. 10 each.
 
 2014
 
 - The Company has recommended a Final Dividend of Rs. 7 per Equity
 Share.
 
 2015
 -Solar products and services have successfully captured the needs and
 
 expectations of its valuable customers in India and abroad
 
 2016
 -the Company has bagged an order from Singareni Collieries Company
 Limited (SCCL) for the supply of 163911.20 MT Explosives worth Rs.
 443.44 crore for the financial year 2016-17 and 2017-18.
 
 2017
 -  Solar Industries India bagged a Rs 1,143-crore contract from Coal
 India for supply of bulk explosives.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `459.22 की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `74.93 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `1389.27 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `15.30 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `683.05 की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `667.26 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `23.66 Cr की खरीदारी
  • IN F&O BAN : F&O बैन में Yes Bank शामिल
  • CS ON DR REDDY’S : Outperform रेटिंग, लक्ष्य `3,055/Sh
  • MS ON SUN PHARMA : Overweight रेटिंग, लक्ष्य `530/Sh

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