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वरुण इंडस्ट्रीज > कंपनी इतिहास > Steel - Medium & Small > कंपनी इतिहास का वरुण इंडस्ट्रीज - बीएसई: 532917, NSE: VARUN

वरुण इंडस्ट्रीज

बीएसई: 532917  |  NSE: VARUN  |  ISIN: INE032G01012  |  Steel - Medium & Small

कंपनी इतिहास - वरुण इंडस्ट्रीज
Our Company incorporated as Varun Continental Limited on March 8, 1996
 and 
 received the Certificate for Commencement of Business on March 15,
 1996 from 
 the Registrar of Companies, Maharashtra, Mumbai. Our registered
 office earlier 
 located at Dwarkesh Market, Dr. A.M. Road, Near Central Bank,
 Bhuleshwar, 
 Mumbai - 400 002, was shifted to its present location w.e.f. July 24,
 1996.
 
 Our Company is promoted by Mr. Kiran Mehta, Mr. Kailash Agarwal and
 Mr. Virendra 
 Mehta with the main object to carry on the business of manufacturers,
 exporters, 
 importers and traders in stainless steel kitchenware and houseware
 items. Our 
 Company took over Varun Exports, the proprietorship concern of Mr.
 Kiran N. Mehta 
 on April 10, 1996, which had been in the business of exports of
 stainless steel utensils.
 Our Company changed its name to Varun Industries Limited and received
 a fresh 
 certificate of incorporation as on April 21, 2005. Today, our Company
 has a wide 
 range of 1500 varieties of kitchenware, houseware, tableware, cutlery
 and other items 
 of various types. We procure these products by a network of 80
 dedicated suppliers 
 spread across the country and we are exporting these products to many
 countries all 
 across the globe.
 
 As a process of backward integration and to increase our profit
 margin we have 
 planned to develop an inhouse manufacturing and warehousing facility
 at Vasai (E), 
 District Thane near Mumbai and a Stainless Steel Sheet Re-rolling
 Mill at Jodhpur. 
 We expect to commence our commercial production from both these
 manufacturing 
 units in September 2007.
 
 Recently, we have ventured into other businesses like electricity
 generation through 
 windmill. We are also venturing into exporting of agro based
 products, hydroelectric 
 power generation, iron and ore mining and oil and gas drilling.
 Further, looking at the 
 prospects of industry, we are planning to foray into the domestic
 market by supplying 
 our products to various retail chains.
 
 Major events in the history of our Company since inception
 
 Year Key events, milestones and achievements
 
 1996   Obtained Certificate of Incorporation and Commencement of
 Business
           
            Took over Varun Exports, the proprietorship concern
 dealing in the business of
              exports of stainless steel utensils
 
 1998   EEPC Exporter Excellence Award for the Year 1996-97 awarded by
 Mr. Ram
              Krishna Hegde, Hon'ble Union Minister of Commerce
 
 1999   National Export Award for the years 1997-98 and 1998-99
 awarded by Mr. Atal
              Bihari Vajpayee, Hon'ble Prime Minister of India
 
           Top Exporter - Regional Trophy for the year 1998-99 
 
           Export Excellence Award for the Year 1998 - 99 awarded by
 Engineering Export
             Promotion Council
 
           National Export Award for the year 1998-99 presented by the
 Prime Minister of
             India Hon'ble Mr. Atal Bihari Vajpayee
 
 2000  Best Exports Award from the Government of Maharashtra for the
 year 1998-99
             awarded by Mr. Mekharam Pawar, Hon'ble Minister of Trade
 and Commerce
 
           EEPC Exporter Excellence Award for the Year 1998-1999
 awarded by Mr. Murasoli
              Maran, Hon'ble Union Minister of Commerce and Industry
 
           EEPC Top Exporters Award for the Year 1998-1999 awarded by
 Mr. Omar
            Abdulla, Hon'ble Minister of Commerce & Industry
 
 2002  EEPC Exporters Excellence Award for the year 1999-2000 awarded
 by Mr. Omar
            Abdulla, Hon'ble Minister of Commerce & Industry
 
          FIEO Top Exporters - Niryat Shree Trophy for the Year
 2000-2001 awarded by
            Mr. Bhairon Shing Shekhawat, Hon'ble Vice President of
 India
 
 2003  EEPC Exporters Excellence Award for the year 2000 - 2001
 awarded by Mr. Arun
             Jaitley, Hon'ble Minister of Commerce & Industry
 
            Awarded IS/ISO 9001: 2000 by Bureau of Indian Standards
 for Quality
            Management System
 
 2005   EEPC Top Exporters Awards for the year 2001-02, 2002-03
 awarded by Mr. S. M.
             Krishna, Hon'ble Minister of Commerce & Industry
 
 2006   
 - EEPC Top Exporters Award for the year 2003-04 awarded by Mr.
 Kamalnath, Hon'ble Minister of Commerce & Industry
 - EEPC Star Performers Awards for the year 2004-05 awarded by Mr.
 Kamalnath, Hon'ble Minister of Commerce & Industry
 - FIEO Top Exporters - Niryat Shree Trophy for the year 2004-05 in
 the category of             Engineering & Metallurgical Products, Non
 SSI awarded by Mr. Kamalnath,  Hon'ble Minister of Commerce &
 Industry
 - FIEO Top Exporters - Niryat Shree Trophy for the year 2004-05 in
 the category of Multi Products, Star Export House, Non SSI awarded by
 Mr. Kamalnath, Hon'ble Minister of Commerce & Industry
 - FIEO Top Exporters -Niryat Shree Trophy for the year 2004-05 in the
 category of Gems & Jewellery, Non SSI awarded by Mr. Kamalnath,
 Hon'ble Minister of Commerce & Industry.
 - Awarded as Four Star Export Trading House by Government of India
 for the period of 01/04/2004 to 31/03/2009
 - Change of Name of our Company from Varun Continental Limited to
 Varun Industries Limited
 
 2007  
 - EEPC Star Performers Award for the year 2005-06 awarded by Mr.
 Kamalnath, Hon'ble Minister of Commerce & Industry
 
 2008
 -Varun Industries has received Letter of Award for charter hire of
 drilling rig of Oil and Natural Gas Corporation Ltd for a period of
 three years. The value of the said contract is over Rs 50 Crores.
 -Varun Industries has entered into an agreement with Unique Services
 of Bangalore, for exports of iron ore for a period of one year.
 -Varun Industries Ltd receives FIEO Niryat Shree Trophy
 -Varun Industries has designated E-mail ID for communication of
 investors grievances is : investor_relation@varun.com
 
 2009
 - Varun Industries has incorporated two wholly-owned subsidiaries by
 the names Varun Minerals Corporation Pvt. Ltd and Varun Petroleum
 Corporation Pvt. Ltd.
 -Varun Industries has incorporated the following three Wholly Owned
 Subsidiaries in Mauritius; Varun Holdings Ltd, Varun Mines and
 Minerals Ltd and Varun Petroleum Ltd.
 
 2010
 -Varun Industries has entered into a Memorandum of Understanding with
 Mysore Sales International Ltd (MSIL)
 -Varun signs MOU with Government of Karnataka for a new steel plant
 -Varun Industries has entered into an MOU with Cluff Resources
 Pacific NL (Cluff), an Australian company
 
 2011
 -Varun Energy Corporation, Madagascar has entered into a Memorandum
 with a PSU.
 - Varun Industries Ltd  has informed titled Varun Group has
 discovered 10 blocks of World Class Ilmenite and Rare Earth deposit
 in Madagascar having reserves of about 266.8 Million Tons.
 
 2012
 - Varun Industries Ltd has informed that Varun Group which holds
 exploration rights for Onshore Oil Block 3101 at Madagascar covering
 an area of about 6884 Sq. Km. had entered into joint venture
 co-operation agreement with M/s. Sure King Varun Hong Kong Ltd.
 (SKVHL) as SPV formed at Hong Kong between Varun Group and Da Qing
 Oil Field Company and also has informed that, the above transaction
 with Da Qing Oil Field Company, China (Sure King International Ltd.)
 cannot be proceeded with as per the MOU and Joint venture
 co-operation agreement and hence the transaction could not
 materialize.
 
 
 
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