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विक्टरी ग्लास एंड इंडस्ट्रीज > कंपनी इतिहास > Glass & Glass Products > कंपनी इतिहास का विक्टरी ग्लास एंड इंडस्ट्रीज - बीएसई: 515026, NSE: VICTGLASS

विक्टरी ग्लास एंड इंडस्ट्रीज

बीएसई: 515026  |  NSE: VICTGLASS  |  ISIN: INE512E01018  |  Glass & Glass Products

कंपनी इतिहास - विक्टरी ग्लास एंड इंडस्ट्रीज
YEAR                       EVENTS
 1982 - The company  was incorporated on 25th February at Bangalore. 
 As
        a Private Limited Company and was converted into Public
 Limited
        on 21st March 1985.  The Company is promoted by Sheo Kumar
        Jhunjhunwala and Mr. Sajjan Kumar Jhunjhunwala and his family
 who
        have over three decades of experience in the glass industry. 
 The
        Company is engaged in manufacture of glass bottles.
 
      - The company undertook to set up a project for the manufacture
 of
        18,000 tonnes per annum of glass bottles.  Land admeasuring 5
        acres was acquired from Karnataka Industrial Area development
        Board at Bommasandra Industrial in Anekal Taluka, a notified
        backward area in Bangalore.
 
 1985 - All shares taken up by promoters, directors, etc.
 
 1986 - Though originally the company planned to produce arrack
 bottles,
        the ban imposed on arrack bottling in the neighbouring State
 of
        Tamil Nadu, forced the company to change its product-mix to
        production of bottles for industrial consumers, for packing
 food
        products, pharmaceuticals etc.
 
      - 5,84,200 shares then issued at par of which 1,08,800 shares
        reserved and allotted to promoters, directors, etc.  Out of
 the      
        remaining 4,75,400 shares, 1,90,000 shares were reserved for 
        preferential allotment to NRIs on repatriation basis but only
        91,400 shares taken up.  The balance 2,84,500 shares, along
 with
        98,600 shares not taken up by NRIs, were offered to the
 public
        in August, 61,700 additional shares allotted to the public to
        retain oversubscription.
 
 1989 - The company undertook production of wide mouth bottles, by
 virtue
        of installation of new bottling machinery in the previous
 period.
        This enabled the company to diversify its product range and
        enlarge its market base to a wider spectrum.
 
      - Production and turnover declined due to plant shut down for
 three
        months by virtue of the balancing-cum-expansion programme
        undertaken by the Company.
 
 1991 - The company issued 50,000-14% non-convertible debentures of
 Rs.
        100 each aggregating to Rs. 50 lakhs to SBI Mutual Fund on
        private placement basis.  These debentures are redeemable at a
  
        premium of 5% in three equal instalments on 31st December,
 1996,
        31st December, 1997 and 31st December, 1998.
 
 1993 - During May/June the company offered 1,14,590 fully convertible
 
        debentures of Rs. 250 each on right basis to the existing
        shareholders in the ratio of 10 debentures for every 100 No.
 of  
        equity shares held.
 
      - Part-A of Rs. 125 of the debenture was to be converted into 5
        equity shares of Rs. 10 each at a premium of Rs. 15 per share
        on allotment.  Part-B of Rs. 125 was to be converted into 5
        equity shares of Rs. 10 each at a premium of Rs. 15 per share
 on
        1st April 1994.
 
      - 5,72,950 No. of equity shares allotted on conversion of
 Part-A
        FCDs.
 
 1994 - The company undertook further expansion of glass bottles
        manufacturing plant from 31000 TAP capacity to 36500 TPA.
 
      - The company is planning to use its incremental capacity for
        manufacture of higher value added small bottles used by
        pharmaceutical toiletaries, cosmetics industries etc.
 
      - 5,72,980 shares allotted on conversion of Part-B of FCDs.
 
 1995 - As a part of diversification, the Company proposed to set up
 a
        Pet Bottle manufacturing plant of 20 million bottles per
 annum
        capacity at Goa.
 
 1996 - 12,38,800 No. of equity shares issued on conversion of Part
 `A'
        FCDs.  Another 12,38,800 No. of equity shares issued on part
 `B'
        FCDs.  18,33,440 No. of equity shares (prem. Rs. 25 paid)
 issued
        on rights basis in prop. 4:5.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `37 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `587 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `223 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `560 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `377 Cr की बिकवाली की
  • MARKET CUES : स्टॉक फ्यूचर्स में `656 Cr की खरीदारी की
  • NOMURA ON RIL : BUY रेटिंग, लक्ष्य बढ़ाकर `1785/Sh
  • EDELWEISS ON RIL : BUY रेटिंग, लक्ष्य बढ़ाकर `1716/Sh
  • BofAML ON RIL : BUY रेटिंग, लक्ष्य `1615/Sh
  • CLSA ON HDFC BANK : BUY रेटिंग, लक्ष्य बढ़ाकर `1560/Sh

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