The Company was originally incorporated as a Private Limited
Company on 3rd April, 1986, as DATALAB (INDIA) PRlVATE LIMITED
and due to Provisions of Section 43A. had became a Deemed Public
Limited Company. Subsequently, due to changes in limits Under
Section 43A the Company was re-converted into Private Limited
Company on 19th March, 1991. The Company became a Public
Limited Company again by passing a Special Resolution on 26th
March, 1994, and the name of the Company was changed to DATALAB
(INDIA) LIMITED and a fresh certificate of Incorporation has
been obtained on 29th September, 1994 from the Registrar of
Companies, Maharashtra. The Company has been promoted by Shri
Ashok Kotwani and family to manufacture Hi-Tech products for
export and local market.
The Company was initially engaged in manufacturing of
Spectrometers and other equipment for the export market. It had
achieved a turnover of Rs.402.42 Lacs and Rs.799.48 Lacs in the
period 1986-87 and 1987-89 respectively.
The Company has its own 100% Export Oriented Unit at Seepz,
Bombay to manufacture and export Spectrometers. The Company
presently manufactures Gas Chromatographs under Technical
Guidance from FISONS INSTRUMENTS, ITALY at its Unit at Vasai,
Bombay. It also deals in Weighing Instruments. Spectroscopic
products. Thermal Systems, Chromatographic products and
Titrometry products. It is exclusively Authorised by world
renowned leaders in Weighing and Analytical Equipment field like
Mettler Toledo AG, Switzerland, GBC Scientific Equipment Pty
Ltd, Australia, Fisons Instruments S.P.A. Italy, Milestone,
Italy, ELGA, U.K., MIDAC, USA, etc., to stock and sell their
products in India.
-Ashco Niulab Industries has given the Bonus in the Ratio of 3:1
-Ashco Industries delisting its securities from DSE.
-Ashco Industries Ltd has appointed Mr. Shashin Rajnikant Shah and
Mr. Rajesh Sriniwas Nawathe as Additional Directors w.e.f. June 30,
2007 in the category of Independent Directors.
- Company name has been changed from Ashco Industries Ltd to Ashco
Niulab Industries Ltd.
-Company has splits its Face value of Shares from Rs 10 to Re 1
-Company has Consolidates its Face value of Shares from Rs 1 to Rs 10