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वालचंदनगर इंडस्ट्रीज > कंपनी इतिहास > Engineering - Heavy > कंपनी इतिहास का वालचंदनगर इंडस्ट्रीज - बीएसई: 507410, NSE: WALCHANNAG

वालचंदनगर इंडस्ट्रीज

बीएसई: 507410  |  NSE: WALCHANNAG  |  ISIN: INE711A01022  |  Engineering - Heavy

कंपनी इतिहास - वालचंदनगर इंडस्ट्रीज
YEAR                       EVENTS
 1908 - The company was incorporated on 25th November, at Mumbai. 
 The
        company manufactures sugar refined spirit, sugar machinery,
        plastic goods, cement plant paper and pulp plant, water tubes
        boilers, time pieces, etc.  Sugar is manufactured by the
 double
        sulphitation process.
 
      - 2,500 No. of equity shares issued without payment in cash.
 
 1945 - 13,500 Right Equity shares issued (Prem. of Rs. 2000 per
 share;
        prop. 27:20).
 
 1946 - 27,000 `A' Bonus Equity shares issued in the proportion 1:1.
        (Pref./or Equity).
 
 1947 - 50,500 `A' Bonus Equity shares issued in the proportion 1:1.
 
 1954 - Equity and Equity `A' shares were reclassified as Equity
 shares.
 
 1958 - 46,500 Right Pref. shares issued in the proportion 2:5
        (Preference and/or Equity)
 
 1961 - 50,500 Right Equity shares issued at a premium of Rs. 30 per
        share in the proportion 1:2.
 
 1966 - In November, 30,000 Bonus Equity shares issued in the
 proportion
        1:5.
 
 1976 - 1,177 Equity shares allotted at par on conversion of
 debentures.
 
 1977 - Shares subdivided and authorised capital Increased.  360
 shares
        allotted at par on conversion of debentures.  1,62,720 No. of
        equity shares issued to members of Cooper Engineerings Ltd.
 on
        its merger with the Company.
 
 1978 - With effect from 1st April, Cooper Engineering Limited and
 Tiwai
        Industries Limited were amalgamated with the company.
 
      - In terms of the Scheme of Amalgamation, shareholders of
 Cooper
        Engineering, Ltd. were allotted without payment in cash
 1,72,720
        No. of equity shares of Rs. 10 each of the Company in the
        proportion 1 equity shares of Rs. 10 each of the Company for
        every equity share of Rs. 100 each held by them in Cooper
        Engineering, Ltd.  Similarly, shareholders of Tiwac
 Industries,
        Ltd. were to be allotted 10,154 No. of equity shares of Rs.
 10
        each of the Company.  Franctional entitlements were to be
        consolidated and sold and the net proceeds were to be
 distributed
        amongst the members entitled there in the respective
 proportion.
 
 1979 - The Company entered into a collaboration agreement with
 Polysins
        GmbH, West Germany, for manufacture of cement machinery at
 the
        Company's factory.
 
 1980 - The Company executed the first set of 15,000 H.P. marine gear
 box
        for the Navy.
 
      - The Company manufactured and supplied LPG tanker wagons to
 Indian
        Oil Co., Ltd. and Bharat Petroleum Co., Ltd., vessels and
 columns
        to VAM Organics and Assam Refinery project and sodium pump
 and
        control drive mechanism to Department of Atomic Energy.
 
      - Cooper Division came into existence with the merger of Cooper
        Engineering, Ltd.
 
 1981 - 10,154 No. of equity shares issued to the shareholders of
        erstwhile Tiwac Industries, Ltd. in terms of the Scheme of
        Amalgamation.
 
 1982 - The Company concluded a technical collaboration agreement
 with
        M/s. Fratelli Negri Machine Sud S.r.l., Italy (executed
 through
        their associates Technolicence, Ltd., London, U.K.).
 
      - An agreement was being finalised with the Premier
 Automobiles,
        Ltd. to transfer to them the know-how acquired and the
 develoment
        works carried out for FNM diesel engines.  This was being done
 to
        overcome liquidity problems.
 
      - During the period, the company also entered into a technical
        collaboration with M/s. Hitachi-eiki Co. Ltd., Japan.  This
        collaboration covers the manufacture, in India, of
 computerised
        numerically controlled (CNC) machines centres in vertical and
        horizontal versions.
 
      - The Company revalued its land (free hold), buildings and
 plant
        and machinery as on 1st October.
 
      - 10,01,502 bonus equity shares issued in prop. 1:2 and allotted
 in
        October.
 
 1984 - Due to poor quality of cane supplied the recovery was lower
 than
        the previous period.
 
 1985 - Operating results were adversely affected by prolonged labour
        unrest at Walchandnagar works and overrun on overseas turnkey
        project at Indonesia.
 
 1986 - Recession in engineering industry in general and fall in
 demand
        for sugar and cement machinery in particular had adversely
        affected the performance of the Company.
 
      - The crushing of sugar cane was taken up in collaboration with
        I.S.S.K. Ltd.
 
      - Government has approved a technical collaboration agreement
 by
        the Company with M/s. Euroconsult B.V., Netherlands for
 transfer
        of technical data and know-how relating to manufacture of
        Effluent Treatment plants.
 
      - Walchand Tandur Cement Co., Ltd. became a subsidiary of the
        Company with effect from 23rd June.
 
 1987 - The Company was reported to have turned the corner with more
        funds invested into the Industrial Machinery division due to
 the
        sale of the Company's machine tool division at Chinchwad, to
        Premier Automobiles, Ltd.
 
      - The Company entered into a technical collaboration agreement
 with
        M/s. MAAG Gear Wheel Co., Ltd., Zurich, Switzerland for
 technical
        back-up in the manufacture of gear boxes for Corvette Ships.
 
      - The Company's R & D developed Hyper Extraction rolls and VAC
        rolls for sugar mills.  Also, a Centrifugal machine WAL-KONTI
        1150 DC was introduced in the market.  In addition, a micro
        processor based system for automatic control of high
 performance
        Centrifugal machines were well received in the market. 
 During
        the year, an application was filed for patent for the
 company's
        auto setting mill for sugar plants which was developed
 in-house
        by the Company.
 
 1988 - The Company decided to dispose of plant and machinery of its
        sugar division at Walchandnagar in favour of M/s. Indapur
        Sahakari Sakhar Karkhana, Ltd. (I.S.S.K. Ltd.), indapur,
        effective from April.
 
      - The precision instruments division, also known as Tiwac
 division,
        introduced a Quartz Alarm Clock in the market.
 
 1989 - The Sugar plant was disposed of in favour of M/s. Indapur
        Sahakari Sakhar Karkhana Ltd.
 
 1991 - The working of engine and foundry division was subdued due to
        lower order book position on account of recession in the
        automobile industry.
 
 1992 - 10% Pref. shares redeemed.
 
 2004
 
 -Equity shares delisted from Bangalore & Pune Stock Exchanges
 
 -Walchandnagar Industries Shares delisted from Delhi Stock Exchange
 
 2006
 
 -Walchandnagar Industries Ltd has informed that Mrs Sharayu Daftary
 has resigned as Director from the board of the Company w.e.f. October
 24, 2006.
 
 2007
 - Walchandnagar Industries Ltd has appointed Mr. Shashi Bhusan Das as
 a Director of the Company w.e.f. May 21, 2007.
 
 2008
 
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 
 - The Company has splits its face value from Rs10/- to Rs2/-.
 
 2009
 
 -Mr. G.S. Agrawal has been appointed as a Company Secretary &
 Compliance Officer of the Company
 
 2010
 
 -Joint Venture Agreement between WIL & DCNS
 
 -Dr. Anil Kakodkar and Mr. Ghyanendra Nath Bajpai has been appointed
 as Additional Directors on the Board of Directors of the Company
 
 2011
 
 -Joint Venture Agreement between WIL and Atomenergomash (AEM)and
 Atomstroyexport (ASE), Russia
 
 -WIL and ETCL Collaborate
 
 2012
 
 -Walchandnagar Industries Limited and Masson Marine,France
 collaborate.
 
 -Walchandnagar Industries has recommended Dividend of Rs. 1/- per
 Equity share (50%) on Equity Shares of Rs. 2/- each.
 
 2013
 
 -Mrs. Bhavna Doshi & Mr. Arun R. Gandhi has been appointed as
 Additional Director of the company.
 
 -Walchandnagar Industries Limited (WIL) was bestowed with
 Outstanding Professional (Industrial) Award' for the year 2013.
 
 -Board recommended Dividend of 20% on the equity shares of Rs. 2/-
 each i.e. Rs. 0.40/- (paise forty only) per share. 
 
 2014
 
 -Walchandnagar Industries Limited (WIL) has been launch of the
 Geosynchronous Satellite Launch Vehicle (GSLV-D5). 
 
 -WIL bestowed with Performance Award for Best Equipment (Centrifugal
 machines) Supply Partner for the year 2014.
 
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `566.52 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `183.41 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `800 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `818 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स ऑप्शंस में `140.36 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `42.76 Cr की बिकवाली की
  • MARKET CUES : स्टॉक ऑप्शंस में `79.20 Cr की बिकवाली की
  • MS ON TCS : Equal-weight रेटिंग, लक्ष्य `1,980/Sh
  • MS ON TITAN : Equal-weight रेटिंग, लक्ष्य `1240/Sh
  • MS ON ICICI BANK : Overweight रेटिंग, लक्ष्य `665/Sh

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