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एपीएस-स्टार इंडस्ट्रीज > कंपनी इतिहास > Textiles - Machinery > कंपनी इतिहास का एपीएस-स्टार इंडस्ट्रीज - बीएसई: 505845, NSE: N.A

एपीएस-स्टार इंडस्ट्रीज

बीएसई: 505845  |  NSE: N.A  |  ISIN:  |  Textiles - Machinery

कंपनी इतिहास - एपीएस-स्टार इंडस्ट्रीज
The company manufactures and deals in parts of modern textile
 spinning machinery such as ball and roller bearings, top
 rollers, inserts, centre spindles, jockey pulleys, high drafting
 systems, etc.
 
 The company was incorporated under the name of Textile Ball 
 Bearing Products and Equipments (Pvt) Ltd. on 24th September, 1957.
 On 2nd April, 1960, the name was changed to Suessen Textile Ball
 Bearings and Products Pvt. Ltd.  After conversion into a public
 limited company, the name was further changed to Suessen Textile
 Bearnings Ltd. with effect from 17th October, 1964.  The
 collaboration agreement with Spindlefabrik Suessen, Schur, Stahlecker
 and Grill GmbH, Suessen , Germany expired in October, 1976.   A new
 collaboration agreement was signed with them during 1978-79.
 
 During 1987-88, the company entered into a tie-up with SKF
 Textile Maschinen Komponentes GmbH, (SKF-TMC), Germany for the
 manufacture of new technology products relating to textile
 machinery components as well as for diversification into
 non-textile areas.
 
 During 1983, the company extended financial assistance to Star of
 Gujarat Textile Mill Ltd (SGTM) a sick unit, and also acquired
 powers to control the composition of the Board of Directors of
 SGTM noting it as subsidiary.  On 19th December, 1985, the
 company acquired equity capital of Rs.37.50 lakh (30,000 equity share
 of Rs.125 each) of the subsidiary by converting part of the financial
 assistance granted to it.
 
 Effective from 2nd December, 1988 the name of the company was
 changed to Associated Precision Spindles Limited, from Suessen
 Textile Bearings Limited.  This was in view of the restructuring
 of the company's production through the SKF-TMC tie-up.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `1352 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `985 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `2645 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `417 Cr की बिकवाली
  • MARKET CUES : इंडेक्स ऑप्शंस में `2929 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `66 Cr की बिकवाली
  • MARKET CUES : स्टॉक ऑप्शन में `199.26 Cr की खरीदारी
  • MACQUARIE ON CHOLA FIN : Outperform रेटिंग, लक्ष्य `300/Sh
  • MACQUARIE ON SBI LIFE : Underperform रेटिंग, लक्ष्य `645/Sh
  • CLSA ON DB CORP : BUY रेटिंग, लक्ष्य `185/Sh

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