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नुबल (इंडिया) > कंपनी इतिहास > Electricals > कंपनी इतिहास का नुबल (इंडिया) - बीएसई: 530725, NSE: N.A

नुबल (इंडिया)

बीएसई: 530725  |  NSE: N.A  |  ISIN: INE007F01016  |  Electricals

कंपनी इतिहास - नुबल (इंडिया)
YEAR                                                                  
 EVENTS
 1990 - Nubal (India) Limited was originally incorporated under the
 name Nubal Electronics
             (India) Limited as a public limited company on December
 5, and obtained Certificate
             of Commencement of business on 02.01.91.
 
 1991 - The technical know-how licence and technology agreement
 between Nubal (India)
               Limited and NEL was made on May 15, 1991
 
 1992 - On November 23, the name of the Company was changed to Nubal
 Industries (India)
              Limited and gain to Nubal (India) Limited on February
 15, 1995.
 
            - Nubal (India) Limited was set up as an SSl unit
 initially and its factory is presently situated
               at SIDCO Industrial Estate, Ambattur, Chennai.
 
           - Nubal (India) Limited has been manufacturing its PCB
 equipment in India since 1991-92
              and is exporting through its collaborator since 1992-93.
  The Company also manufactures
              engineering components like front engine support,
 assembly shaft brake cross, shaft/draft
              control for the Tractor and Farm Equipment Limited
 (TAFE), Chennai.
 
            - Nubal (India) Limited has proposed to expand its
 capacity with all infrastructural facilities
               and relocate its PCB equipment manufacturing facility
 to its premises at Thirumalisai,
               SlDCO Industrial Estate, Chengai MGR district, Tamil
 Nadu.
 
             - The Company will cease to be a SSl unit after the
 current expansion programme is implemented.
 
 1996 -  To enable substantial orders for the new factory, the company
 is entering into a
               new Licence & Technology agreement with our major
 buyers with a buyback
               agreement.
 
             - Mr. Alan W. Lucas, Dr. B.C. Seetharam and Mr. Harish
 Kumar Gupta directors of the
                company retire at the Fifth Annual General Meeting and
 being eligible offers themselves
                for re-appointment.
 
 1997 -  The company has entered into a New License and Technology
 Agreement
                with the Foreign collaborators Nubal Electronics
 United, UK. and they will
                be increasing their share holding to 26% from the
 present holding of 14.17%.
 
              - A preferential offer of 5,75,676 No. of Equity Shares
 of Rs. 10/- each is proposed, so as to
                increase their holding to 26%.  This will enable the
 Company to finance its long term
                Working Capital.
 
             - Shri. Harish Chadda, Shri. Vimal Poddar and Shri.
 Yogesh Gupta retire at the Sixth
                Annual General meeting and being eligible offer
 themselves for re-appointment.
 
 1998 - Surendra Gupta, Alan Lucas, B. C. Seetharam retire at the
 Seventh Annual
              General Meeting and being eligible offer themselves for
 re-appointment.
 
            - Due to sluggish market conditions through out the year,
 the company was
              not able to generate business as projected in the
 prospectus.
 
 1999 - Mr. Yogesh Gupta, retire at the Eighth Annual General Meeting
 and being eligible
              offer themselves for re-appointment.
 
            - The Ambattur Unit was laid off due to the industrial
 recession in the engineering industry
               and subsequently it was closed since 27th of April.
 
 2000 - The Board has allotted 5,75,676 No. of equity shares of Rs 10
 each on preferential
               basis to Nubal Electronics Ltd., UK.
 
स्रोत: रेलीगरे टेचनोवा

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